Economic considerations versus social considerations. Is a society for its economy, or is the economy for the society for which it is the material life-support system?
There is more to liberalism than just economic liberalism. The free market fundamentalists that have been singing the praises of price gouging in crises as "the medicine of the market" have either forgotten this, or conveniently overlooked it.
4 comments:
The NYT piece defended outrageous price gouging as a way to allow those with the most need to get what they required. And they weren't talking about the profiteers.
I'm continually surprised that the NYT doesn't spontaneously combust.
Seeing that it is violent economic interventionism in the first place that causes poverty.....
It's your junk. You don't have to sell it. How is it anyone's business that you want to keep it unless someone offers you a high price? It's yours. If you want to buy it, don't.
"It's your junk. You don't have to sell it."
Only if you believe the power of exclusion is a God Given right.
You'll find out it isn't when an army of people turn up at your door and forcibly remove your hoards from you. Your call for lightning bolts from your Creator will have no effect.
As Mark Blyth points out, the Hamptons are not a defensible position. Eventually they will come for you.
Neither is Grosse Point. And the more yet they spout the higher they climb on The List.
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