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Pastimes : Let's Talk About the Wars (moderated)
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To: epicure who wrote (164)8/18/2006 10:54:54 AM
From: Mary Cluney  Read Replies (1) of 441
 
That the people making their profits on these desperate people might be"hurt" because someone mentions they are taking advantage of people who have no where else to shop is a little amusing.

The free market may not be completely efficient, but until we know how these things really work, we should let the free market take care of things.

In poor neighborhoods as well as good neighborhoods, the bad shop keepers would go out of business. People would go to shops that better serve their needs.

But, you say, there is no where else to go. Well, there may be a premium for that. To serve in a neighborhood where it may be more dangerous to do business or where there may be more theft - that has to enter into the cost of doing business there.

I think unless you really know what you are talking about, I think you should let the free market principle work without intervention (even though the intervention may be well intentioned).
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