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Demand may not be unlimited, but mass-(over)production sure tries to make it so. It's easy to artificially create demand that wouldn't have otherwise been ther
by WarDekar 17y ago
Demand may not be unlimited, but mass-(over)production sure tries to make it so. It's easy to artificially create demand that wouldn't have otherwise been there in a free(thinking) market.
- codexon 17y agoDemand is still very very far from unlimited, __especially__ when you take into account mass-production. http://www.guardian.co.uk/world/2010/jan/07/h-m-wal-mart-clothes-found http://www.guardian.co.uk/world/2010/jan/07/h-m-wal-mart-clo... In this example, if demand scaled along with production, there would be no need to junk clothes that didn't sell. According to you, they should've been sold! Instead, H&M is trying to maintain the scarcity/demand of their clothing by destroying excess products rather than give them to the poor. The people who have money simply don't need any more cheap clothes!
- WarDekar 17y agoMy point was, you know, sort of tongue-in-cheek... Of course demand can't be unlimited, but you're just further proving my point- corporations will produce and produce and produce far beyond the actual demand, because we aren't living in an actual free-market where if they get to a certain point they're losing money and go out of business. In this case, yes, H&M would go out of business if they just kept producing and producing, but just take a look at the corn industry in the US for a great example of production far exceeding what demand would ever be in anything close to a free market- in fact, we (I say we meaning the US since I'm from the US, but I obviously don't condone this practice) keep inventing new ways to use the corn because there's too damn much of it! Also, it may not be unlimited in the case you mention, but the consumerism ingrained in our societies is still striving for the goal of making it "unlimited" (as in bandwidth)- just because they aren't quite successful yet doesn't mean it's any good.