- Capitalism and Alternatives -
I can't believe my eyes
Posted by: Stoller on November 24, 1999 at 00:43:46:
In Reply to: ooh... posted by Gee on November 23, 1999 at 10:14:20:
If 500 people wanted a car, say, and 500 wanted a bog roll, and supply and demand are exactly the ratio same in both cases, then shouldn't the price of a car and of bog-roll be teh same?
There are several reasons why they are not - one of which you'll like and the others you wont. lets start with the one you like - yes it takes up more labor time to make cars. Now - bog rolls have more easy substitute goods whilst cars are limited to walking for days, horses, trains all of which are very different from the car. Further to this bog rolls dont enhance one's life as much as a car can so you get more utils for a drive (for most people). Cars are important to many people as expresions of individuality, privacy and 'show' as well as a means to travel - I've never met a person who utilises bog rolls to the same effect, they perform a less interesting role (pun!) That list goes on almost ad infinitum..
Well, Gee, I thought I heard everything---but that paragraph above has got to be the MOST FOOLISH utterance under the sun.