to euph

spkb25 · 09-23-2005, 10:43 PM

you told me to take an economics classs so i could understand how capitalism mandates that you have the poor. i am sorry i don't find that to be true in your under explained point of view. you will always have poor because it is a system that rewards hard work and innovation. so there will always be people that wish to work harder then others. those people will be rewarded. i don't care if you are talking about physical work or work towards an eduation. they are one in the same. people that are poor make a choice. they choose not to work as hard as the next guy. which was my original point. capitalism which is founded on the idea of competition and self interest is the perfect system. i could get into every aspect of it but you get my point.

as far as price guaging, this is a natural response to the situation. if supplies are limited and the damand is the same or higher then the price goes up. when people argue against this they have to understand that the price is set by the demand. at the same time if a bottle of water is under normal circumstance 1 dollar. well when a hurricane hits and the supply is hindered the price will naturally rise for a bottle of water. this is how the system works the best. lets say that the bottle of water that used to be 1 dollar goes to 10. well now someone goes into the store to get water but instead of the water being 1 dollar it is 10. he may buy 2 botttles of water instead of 20. the next famly that comes in may do the same. they may get what they can afford and more importantly what they need. now if the government comes in and says well you can only charge 1 dollar for the water regardless of the situation then what will happen. you will have the first guy go in and buy 20 bottles of water instead of him buying two. what happens when that store runs out of water. less peoeple end up with water because the fact that price was kept down had people buying more then they would have or needed. so when the government prevents what is so called price gauging people end up with nothing instead of less. the shortage extends

09-23-2005, 10:43 PM	#1
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,115	to euph you told me to take an economics classs so i could understand how capitalism mandates that you have the poor. i am sorry i don't find that to be true in your under explained point of view. you will always have poor because it is a system that rewards hard work and innovation. so there will always be people that wish to work harder then others. those people will be rewarded. i don't care if you are talking about physical work or work towards an eduation. they are one in the same. people that are poor make a choice. they choose not to work as hard as the next guy. which was my original point. capitalism which is founded on the idea of competition and self interest is the perfect system. i could get into every aspect of it but you get my point. as far as price guaging, this is a natural response to the situation. if supplies are limited and the damand is the same or higher then the price goes up. when people argue against this they have to understand that the price is set by the demand. at the same time if a bottle of water is under normal circumstance 1 dollar. well when a hurricane hits and the supply is hindered the price will naturally rise for a bottle of water. this is how the system works the best. lets say that the bottle of water that used to be 1 dollar goes to 10. well now someone goes into the store to get water but instead of the water being 1 dollar it is 10. he may buy 2 botttles of water instead of 20. the next famly that comes in may do the same. they may get what they can afford and more importantly what they need. now if the government comes in and says well you can only charge 1 dollar for the water regardless of the situation then what will happen. you will have the first guy go in and buy 20 bottles of water instead of him buying two. what happens when that store runs out of water. less peoeple end up with water because the fact that price was kept down had people buying more then they would have or needed. so when the government prevents what is so called price gauging people end up with nothing instead of less. the shortage extends
	Your team stinks