Why Capitalists are Capitalists...

[Kidlicious]

Originally posted by Velociryx
Ummm....if there is a bread line, it's cos there's not enough supply to meet demand.

If I start a bakery, I increase the supply.

Clearly, the demand is there, else there'd not be people standing in line waiting for it.

I can charge whatever the market will bear, and people will pay it (I mean, c'mon....your choices are....stand in line all day, or pony up and pay a little more and get the heck home--on the assumption that you have better stuff to do with your day than standing in line for bread).

See?

-=Vel=-

No. Bread lines are caused by market glut. No one is willing to bring the products to market because the price doesn't justify the the cost of production and delivery.

[JohnT]

"Actually they do. 90% of all wealthy people were born to wealthy families. Bill Gates started out rich. He was able to get IBM to buy an OS from him because his mother sat on a board of directors with the CEO of IBM. The best determinate of results are actually inituil conditions."

Cite? And please, give me a cite from a source that is non-partisan - government sites will do as well (like www.census.gov).

[Velociryx]

Ohhhhh....I see.

How silly of me.

To think that all those pictures of starving Russians waiting in the bread lines all day were caused by having TOO MUCH bread.

So much, in fact, that there....wasn't any.

Amazing....

-=Vel=-

[Velociryx]

and by the way....that can happen in state run economies where the government mandates the price, rather than letting it be determined by supply and demand.

But....you guys'll never learn, I guess....

-=Vel=-

[MichaeltheGreat]

Originally posted by Kidicious
Anyone can sell bread because it doesn't require capital investment. The thing is you can't make any money doing it, because of the competition.

I guess the people that make Wonder Bread, etc., forgot about that. When I go to the grocery store (here or in the US) I sure see a hell of a lot of different kinds of bread. I guess they're all going broke though, like that little bakery a few blocks from here that bakes organic breads from amaranth, and just about every other grain and grain combo you like. They're going so broke, there's usually a line at the cash register.

[JohnT]

"I also believe that people with jobs should be paid more than those without them."

As do we.

[Kidlicious]

Originally posted by Velociryx
Ohhhhh....I see.

How silly of me.

To think that all those pictures of starving Russians waiting in the bread lines all day were caused by having TOO MUCH bread.

So much, in fact, that there....wasn't any.

Amazing....

-=Vel=-

You guys are just silly. You know I'm talking about a situation where capitalism has collapsed. That's the context. Don't you guys have an argument instead of just taking text out of context?

[Kidlicious]

Originally posted by MichaeltheGreat
I guess the people that make Wonder Bread, etc., forgot about that. When I go to the grocery store (here or in the US) I sure see a hell of a lot of different kinds of bread. I guess they're all going broke though, like that little bakery a few blocks from here that bakes organic breads from amaranth, and just about every other grain and grain combo you like. They're going so broke, there's usually a line at the cash register.

Creating a company like Wonder Bread requires capital investment. Selling bread on the street only requires a home oven.

[JohnT]

Buying a home oven requires a capital investment. So what's your point?

[MichaeltheGreat]

If the context is an utter fantasy, why should we treat it more seriously than it deserves.

There is no pending collapse of the capitalist system - the evangelical faithful followers of Reverend Marx have been predicting that one for a century. If there's any of them still around in another hundred years, they'll be citing 250 year old economic theories and talking about the coming collapse of capitalism, which is just around the corner.

[Kidlicious]

Originally posted by JohnT
Buying a home oven requires a capital investment. So what's your point?

Not for me. I rent an apartment that comes with it.

Go back in the thread to where Vel was talking about making money during a depression selling bread next to a bread line.

[MichaeltheGreat]

Originally posted by Kidicious


Creating a company like Wonder Bread requires capital investment. Selling bread on the street only requires a home oven.

Or that nifty little bread-making thingy Lancer got his wife.

That home oven that bakes saleable quantities of bread without ingredients must be pretty nifty, though.

[Kidlicious]

Originally posted by MichaeltheGreat
If the context is an utter fantasy, why should we treat it more seriously than it deserves.

There is no pending collapse of the capitalist system - the evangelical faithful followers of Reverend Marx have been predicting that one for a century. If there's any of them still around in another hundred years, they'll be citing 250 year old economic theories and talking about the coming collapse of capitalism, which is just around the corner.

No one has predicted the the timing of the collapse and ensuing revolution only that there will be one.

[JohnT]

Originally posted by Kidicious


Not for me. I rent an apartment that comes with it.

Go back in the thread to where Vel was talking about making money during a depression selling bread next to a bread line.

"Rent" requires capital. Remember? Or do you pay in, say, potato chips?

[Kidlicious]

Originally posted by JohnT
"Rent" requires capital. Remember? Or do you pay in, say, potato chips?

There aren't unfurnished apartments where I live. They all come with ovens.