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by somedude895 1151 days ago
All the overvalued growth stocks are going down because the supply of easy money dried up. The massive rise in BYND share price was always ridiculous. Their products are easy to replicate and companies like Nestlé have way more resources to bring them to market successfully and sustainably, which they're doing now.
1 comments

Somebody not eating animal products for ethical reasons will not buy anything from Nestle given a choice, for very same reasons. And yes, we who avoid Nestle pay more for alternatives, but if you know their business practices there's no moral choice.
I'm not a vegetarian, but I eat little meat and replace the rest with meat alternatives. And I buy Nestle products, as do pretty much all people I know who are also trying to reduce their meat consumption. Meat alternatives are entering the mainstream and not everybody who cares about animal welfare is also an activist.
Most people I know buy Nestle products, but most people I know are not vegan.

I meant if your ethical values push you to go through the trouble of cutting out animal products completely, possibly at great cost to you, then I fail to see how the modicum of effort required to avoid buying Nestle products is anything but a rounding error.

I respectfully disagree. As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us. Instead, I try to find comfort in the fact that animal replacements are becoming cheap and common because of the mega corporations.
> As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us.

how so?

Well, for one, it requires remembering every brand present on this infographic:

https://wyomingllcattorney.com/static/img/nestle-list.png

I am fairly sure that there is a nestle logo on the packaging of these brands as well
Exactly. All that's required is looking at packaging. Anyone who cares about what they put into their body is already having a habit of doing that.
Wife, kids, full time job, hobbies.. simply no time or energy to start looking at each item and finding alternatives when finally buying groceries.
The task is simplified to looking at label. Respectfully, if even that is too much, you don't particularly care about avoiding Nestle products at all...
Almost everything can be reduced to "the task is simplified to a simple sounding thing". However, when you have dozens of such things in your daily life to worry about, it stops being so simple.

Also, if someone in my household likes a particular Nestle product, what's the procedure then? Stick to my principles and fight every time? Make an exception for that one? How many exceptions will there be in the end?

Ultimately, I guess I don't particularly care about avoiding Nestle in the end. Not to the extent that I would have to make my life more complicated than it already is.

> As much as I would like to avoid the kinds of Nestle, it's just impossible in practice for many of us

Why?