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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (321393)1/17/2007 3:51:55 PM
From: combjelly  Read Replies (1) | Respond to of 1574205
 
"I suppose there is no room for this sick sentimentality in your ultra-capitalist world, eh John Galt?"

Excellent point. The problem with these highly theoretical analyzes is they ignore the fact that there are human beings involved and they exist in communities.



To: Road Walker who wrote (321393)1/17/2007 5:05:22 PM
From: TimF  Read Replies (1) | Respond to of 1574205
 
Home Depot may have charitably sold its goods at below market prices. If it chooses to do so that is its prerogative. But for important goods in shorter supply, that doesn't really make things better for the community, only for the first few who are lucky enough to grab the goods first. Scarce goods can be rationed by price, if you don't do that they just get rationed by some other method, they remained scarce.

The Banker in It's a Wonderful Life, was trying to corner the local market, an action which has no real connection with supporting an open competitive market with freely changing prices.



To: Road Walker who wrote (321393)1/17/2007 5:40:09 PM
From: tejek  Read Replies (3) | Respond to of 1574205
 
When Hurricane Andrew hit South Florida, Home Depot froze their prices because they felt they were part of the community and were trying to help out their customers and employees. (As far as I know they always do this when a disaster hits).

I suppose there is no room for this sick sentimentality in your ultra-capitalist world, eh John Galt? (Or are you more like the mean banker in It's a Wonderful Life).


I think he's an Ayn Rand devotee.