Hi Peter,
Well, I'm definitely confused now. :-)
It looks like you disagree with my "the market is all about deciding who is
willing and capable of paying the most for any given thing", but I don't
see the difference between it and your counter-statement "...the 'need' for
any item is measured by how much you are willing to spend".
I used food, shelter and medicine as examples of need, but you can
substitute hammer, typewriter, lense, or whatever in place of those, if you
like. I don't think it changes my observation of how the market operates.
The market still determines only a) who is willing to spend more for
something (the hammer or whatever), and b) that hinges on who is actually
capable of ponying up the dough (for example, if you really need a hammer
to drive some nails, and you'd be willing to spend as much as a $100 for
that hammer if you had the $100, the market will ignore you and sell it to
me with $20 in my hand, even if I have no pressing or foreseeable need for
that hammer, ever). That's my shallow understanding of the market.
As for "the dislocations that 'men with guns' or should I say the power
centers cause in them.", you may or may not be right; I don't recognise the
allusion.
Regards,
Dan Scott
[EMAIL PROTECTED]
Peter wrote:
>Dan,
> That shows a deep misunderstanding of market
>forces, economics and the dislocations that 'men with
>guns' or should I say power centers cause in them. I
>cannot even begin to refute that statement in the
>amount of space available in an e-mail and I doubt
>that you would read it. I was but speaking of the
>market forces that are visible on e-bay, there is
>nothing there that is life or death, the 'need' for
>any item is measured by how much you are willing to
>spend.
> Dan Scott <[EMAIL PROTECTED]> wrote:
.
> Peter,
>
> The market never decides "who needs a thing more".
> If it did, no one would ever go hungry, do without
> shelter or die for lack of medicine. The market is
> all about deciding who is willing and capable of
> paying the most for any given thing. Need never
> enters into it.
-
This message is from the Pentax-Discuss Mail List. To unsubscribe,
go to http://www.pdml.net and follow the directions. Don't forget to
visit the Pentax Users' Gallery at http://pug.komkon.org.
