- Capitalism and Alternatives -

Addition

Posted by: Stoller on December 02, 1999 at 10:58:03:

In Reply to: That's what this whole forum is about posted by Stoller on December 01, 1999 at 19:05:09:


Don: In the argument that lead into this, we were discussing price specifically, so it seems to me that you are changing the subject.

: You're probably right. I got off-track. We'll pick it up again, I'm sure...

Let's return to your original question...


Don: This indicates that the candy bars were not selling well enough at $100. After all, why lower your price to undercut the competition if enough cranks are willing to pay $100?


Ask Sam Walton that question.

Even in this age of monopoly, competition does occasionally occur. It's for market share, and the 'savings' to consumers are ephmeral.

Now return to my statements above regarding production process, advertising, and subsidiy 'competition'...


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