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Another example of the beauty of capitalism
Message
From
28/04/2005 14:22:14
 
 
To
28/04/2005 13:36:55
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
01009312
Message ID:
01009386
Views:
16
In my book, capitalism is about getting the most (money, services, value, etc.) for the least cost (in money, work, etc.) When you buy, let say, a TV, do you think that you pay for the cost of building that TV plus a (reasonable) profit? No, you pay the price that the company think that you would/could pay for it, so that they can maximise their profit. It's not about being fair and not exploiting consumers/producers.

Many consider Wal-Mart as the main model of capitalism. Yet, it exploit workers and suppliers.

I don't like what I see in this capitalism world, so I try to buy products that are certified "Fair Trade" (http://www.transfairusa.org/) when I can. Of course, oil is not certified fair trade yet...

>Can you see how this is NOT "capitalism" but some corruption that pretends to be capitalism but is a carefully applied scheme exploiting those parts of "capitalism" that maximizes their profits??? It EXPLOITS the comsumer rather than SATISFYING the consumer. That, my friend, is not capitalism.
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