By its very nature, in time, a free market economy rewards efficiency and right judgement, and punishes inefficiency and poor judgement. Short-term, however, a free market can be relentlessly cruel. The quest for efficiency leaves behind, in its wake, the inefficient. Inevitably, it is the inefficient who, even while proclaiming the virtues of the free market and railing against government intervention, cry for such intervention when they find themselves being displaced by a more efficient competitor. Simply having, within its folds, the first or second largest bakery distribution network in North America does not give CSM, or any other company for that matter, the ability to run rough shod over the industry.
Investment capital flows towards opportunity.
CSM obviously saw, with its huge investment, an opportunity to create efficiencies in the marketplace and benefit by them. We welcome your comments or differing opinions. Please send them to Bakery-Net .