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RE: Anarchists, Big Business and "Price Gougers" Helping Texans Through The Flood
I think your views on price gouging is really warped. It is ILLEGAL for good reason as inflated pricing keeps the much needed items out of reach of those who need it most. The wealthy can afford to pay for it and still do, making it unavailable to those who need it most. Those who price gouge the poor are nothing but greedy opportunists, inconsiderate, and a poor excuse of a human being. And just out of curiosity, how much BTC did you donate for a good cause? I'm guessing none.
Berwick is exactly right here. Price gouging is the only way to ensure that people who need things the most are the ones that actually get them. Say that the price of a case of water was limited to $10 when the market demand and supply equilibrium is set at for example $90. What is to stop someone who doesn't really need that water that badly to come in and buy the store out, and leave the people who actually needed the water helpless? Nothing. Sustaining a free market equilibrium is the only way to ensure that goods and services are allocated to exactly whoever is willing to pay for them. What Texas needs right now is for the free market to just work like it should, less they want it to end up looking like Venezuela.
The wealthy can afford to pay for it, but didn't, making it available for those who need it.
I think you can't read. Stop forcing your demented views on others using violence you sicko.
Demented? Violence?
This post made me really sad. Man, where's the humanity? I know corporations are not human, but ethical business has a part to play here. CEO's need to enforce ethical business or be taken down for exploitation. Nasty
i'm right there with ya on the price gouging. i think the concept/idea of the "free market" goes completely out the window in the middle of something like this when EVERYTHING else is completely tilted out of normalcy.
I've been through one of the worlds worst disasters in 2013 (Super typhoon Yolanda) in the Philippines where price gouging would have devastated many more familes. There should be absolutely NO profiteering during a humanitarian crisis such as this one or any other. Maybe Berwick should live through an experience so he can see the light of his inhumane economics.