[xorbie]

[ QUOTE ]

People demand and pay for products they think they value and shun and don't buy products they don't think they value. This notion that some companies and people rip people off and laugh all the way to the bank is an observation of reality.


I never said company's can't or don't rip people off, I am saying ones that do will not prosper, making clear that I don't understand what "ripping off" means. I asked you to give me an example and you laughed that the absurdity of my posts. Even if you think people are getting ripped off they may feel that the product or service to them is worth the price. Why should YOU be the one to decide, besides the fact that you have information which, if given to consumers, would make them not desire the products?


Not once did I say the free market cures all ills. I said free market capitalism fuels the best economies and the most prosperous nations throughout history. Inida and China are recent examples of economies that became more prosperous by allowing for more free market competition.

My point was and still is that outside of laws and resources to protect our persons and property from theft or destruction and our basic rights government intervention makes a system less effecient, not more, despite the fact that I have not defined basic rights or property or explained why the government should do that but not other things.


[/ QUOTE ]

Indeed.