Max B. Sawicky wrote:
The price jump does not seem explicable by growth in demand.
There is no need for demand to _grow_, to allow speculators to put the
system in disarray. All that's required is for the inelasticity of
demand to outweigh profit/rent margins, to convey the _appearance_ of
equilibrium and determinacy. The evil of capitalism in a nutshell is the
power to impose rents, without even able to turn the proceeds into a
greater standard of living for themselves.
The tragedy is, these capitalists/speculators will be able to continue
wrecking havoc, by successfully applying the tactic of divide and
conquer. Is there anybody on this list who doesn't equate capitalism
with free-enterprise? Capitalists are as much the enemy of entrepreneurs
as they are of workers. The overwhelming majority of start-ups fail,
causing many of them to lose their home and more; all due to the evil
tactics of capitalists, extracting purchasing power far beyond their own
embezzled lifestyle.
I'm probably a misguided populist in the eyes of many here, but you've
been at your battle against capitalism for about a century and a half.
Isn't it perhaps high time to change tactics, educate entrepreneurs
about the way the playing deck is stacked, and call the bluff of
capitalists?
John V
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