Quote:
Originally Posted by Kosh
What is this so called "proper price" ?
This question cant be answered in an economic sense, it is more a philosophical or some might say even moral question.
|
bah. yes, it can. economists do this all the time. the chain of resource to product is understood and fair returns can be calculated at every step along the way.
morality enters the picture when one or more parts of the chain gets greedy.
in most cases, the market controls itself because a good number of people aren't idiots. some markets are for idiots and they are appropriately fleeced. in certain essential markets, the production chain is
regulated to insure fairness. your local power company cannot charge "whatever the market will bear" for electricity. even if it is in a competitive market with other retail suppliers, the wholesale price is regulated. this and anti-trust laws insure a fair market.
Quote:
Originally Posted by Kosh
Obviously this small economic universe with limited supply is prone to individuals being able to effect the prices of certain items, but in the end resellers help the economy of EU much more than they hurt it. |
and, thus, you admit manipulation exists. now, tell me how this is good and how it has benefited you.
Quote:
Originally Posted by Kosh
Saying things like "capitalism is evil" don’t really add anything to the discussion, you can question the moral of people within the system, but the system itself is not evil.
|
I never said this. if anything, I said parasiticial resellers are evil.
Quote:
Originally Posted by Kosh
That is a purely rhetorical argument with no substance behind it.
|
my arguments are backed up with examples and fact. they reference known definitions and theories. they are not rhetorical and not without substance. so, do not accuse me of this. you would do well to examine your own arguments.
Quote:
Originally Posted by Kosh
Edit: Witte was faster than me raising the same points about stupidity. and as usual added a few other good points. +rep
|
no, he didn't. he just babbled on about nothing like he usually does. in actuallity, you disagree with him because you admit manipulation exists and he does not.