Here's a question for all those supposed conservative capitalists out there,

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archives

Verified User
no one approves of price gouging at the time of an emergency, however, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?

If not, then you aren't agreeing to price controls, the Government becoming involved in the economy?
 
What do you mean supposed conservative capitalists? This is the same question asked of Uber with their surge pricing. Do liberals not believe in capitalism and free markets?
 
Legion Troll said:
no one approves of price gouging at the time of an emergency, however, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?

If not, then you aren't agreeing to price controls, the Government becoming involved in the economy?
Click to expand...

I don't oppose prices rising in an emergency. I don't consider it gouging.

I reject your premise Legion
 
cawacko said:
What do you mean supposed conservative capitalists? This is the same question asked of Uber with their surge pricing. Do liberals not believe in capitalism and free markets?
Click to expand...

Now your attempting to deflect, the question remains, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?

If you are a conservative, a conservative who echoes the benefits of capitalism, you should be able to answer the question

And by the way, there is no such thing as a "free market"
 
Oh let me guess. Is the question why are you one when you don't have a pot to piss in? Or how about why are you a stone cold asshole?
 
Micawber said:
Oh let me guess. Is the question why are you one when you don't have a pot to piss in? Or how about why are you a stone cold asshole?
Click to expand...

No, still, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?
 
archives said:
no one approves of price gouging at the time of an emergency, however, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?

If not, then you aren't agreeing to price controls, the Government becoming involved in the economy?
Click to expand...
This is a good point.....
 
archives said:
Now your attempting to deflect, the question remains, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?

If you are a conservative, a conservative who echoes the benefits of capitalism, you should be able to answer the question

And by the way, there is no such thing as a "free market"
Click to expand...

Funny you don't ask liberals the same question as if they aren't capitalist. That's not deflection at all.

Uber and surge pricing is the discussion. Yes the market responds to scarcity and demand and prices accordingly. That's how the (free) market works
 
archives said:
No, still, isn't price gouging actually the invisible hand at work, price following demand, the economy itself dictating the distribution of scarce resources?
Click to expand...

Correct. It's analogous to the terrorist freedom fighter adage. One man's gouging is another man's data input on the supply demand curve. Who cares if people will die, raise that prescription price from 50 to 750 per pill! It's the Republican way.
 
Legion Troll said:
So you would approve of the guy at Home Depot getting as much as he can for the four dollar case of water, correct?
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Yes.

Why would I oppose it? Oh wait. Compassion? Raising prices is compassionate. It sends a pricing signal to the market that there is a mismatch in supply and demand. Those seeking profit will take care of it.

One solution is to have a supply of fresh water on hand just in case of emergencies so you aren't at the whims of scarcity.

I am sorry if you don't understand basic economics.
 
Let's use gasoline as an example. When a weather crisis is about to hit, people make a run on gasoline.

If gas stations were allowed to raise prices, many of drivers would wait, or drive less. Drivers who really need gas would be able to get it. At the same time, entrepreneurs would rush gasoline to gas stations that have the highest prices. The lines would go down and an equilibrium would occur.


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Here is a question for all of you supposed anti price gougers. Why doesn't the gobblement just eliminate taxes and fees to bring down prices?


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cawacko said:
Funny you don't ask liberals the same question as if they aren't capitalist. That's not deflection at all.

Uber and surge pricing is the discussion. Yes the market responds to scarcity and demand and prices accordingly. That's how the (free) market works
Click to expand...

Liberals would approve of the price fixing, and water at a hundred dollars a case in an emergency situation is a bit different than catching a cab, Uber is elastic, there are substitutes

But it seems as if you would agree that gouging is the invisible hand at work, then does it also apply to medical services or prescripted drugs?
 
I Love America said:
Let's use gasoline as an example. When a weather crisis is about to hit, people make a run on gasoline.

If gas stations were allowed to raise prices, many of drivers would wait, or drive less. Drivers who really need gas would be able to get it. At the same time, entrepreneurs would rush gasoline to gas stations that have the highest prices. The lines would go down and an equilibrium would occur.


Sent from my iPad using Tapatalk
Click to expand...

Inotherwords you have no problem with gouging in an emergency situation

Using the same logic, how do you see Martin Shkreli?
 
I Love America said:
Here is a question for all of you supposed anti price gougers. Why doesn't the gobblement just eliminate taxes and fees to bring down prices?


Sent from my iPad using Tapatalk
Click to expand...


Then how you going pay for the Army, Navy, and the Air Force, let along golf junkets to Florida and Jersey?
 
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