If prices fall, for whatever reason, then the owners/workers lose their profit margin and therefor the capital they have for investment shrinks. They’...
In the world Pfhorrest is imagining I imagine there will be more than one factory producing steel. After all we wouldn’t want a monopoly would we? How...
Imagine you own a steel factory. You import your iron ore from another factory. The price of iron ore starts climbing. What do you do? Suck it up and ...
If the price is set by the market, the consumer, then it’s going to be as low as they can get it. Competition will also determine the price. If the pr...
Saying it twice doesn’t make it true I’m afraid. It seems to me, and a few others, that there’s a big hole in your theory that you won’t address or ca...
I really can’t imagine their savings being enough to guy expensive equipment, unless they’re really loading up the price on their product to make big ...
Like Janus I think this is just too simplistic as an alternative. Assuming that factory X is owned by the workers and another factory, factory Y, is p...
No, I mean the whole cancel culture. “ Canceling, today, is used like a massive, informal boycott when someone or something in the public eye offends ...
Yes I’d agree with you there. The problem is that “ we systemically, as a culture, give some people that chance, and internalize those rationalization...
First of all fun is a very subjective term. Secondly we can be happy and unhappy, maybe in equal measure. Does that mean that unhappiness is the meani...
My posts have been made to try and demonstrate what these people might be about. I haven’t tried to say that they’re better than us, nor that they’re ...
I can understand that someone might go to another country and take photos of unusual cultures or locations and then that person brings them home to sh...
Having reached some agreement about this and giving it more thought I still have a snag. Living the ascetic life, living the life of a Buddhist monk o...
Well there is obviously an evolutionary path there, things blossom then they die away. However I don’t see any market, even a free market, happening w...
Imagine if there was a way out of this. What sort of people do you think might make it happen, maybe people who are conscientious, extroverts, innovat...
I think it’s possible that Capitalism has served its purpose. It pulled a lot of people out of poverty, but now it’s like some top heavy dinosaur that...
My problem with your post is that it’s about what happened, not who “they” are. I put up some comments about who I think these people are, that is, wh...
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