3 ms·
>If you make widgets for $4.50 and sell them for $5 each to a million people You've identified a want and delivered a product to a million people. What is the
by TACIXAT 8y ago
>If you make widgets for $4.50 and sell them for $5 each to a million people
You've identified a want and delivered a product to a million people. What is the proper compensation for that? Should people not be allowed to identify wants and address them for profit?
I think the error in your view is that any sale is predatory, when in reality both the consumer and seller can profit. One gains something they need or want and the other gets money. Sure, buying consumer crap isn't going to lift you out of poverty, but you're still getting a benefit from the transaction.
- rdiddly 8y agoI'm not trying to outrage you, nor do I necessarily care what's "proper" or "allowed" or "right/wrong" since literally nobody making policy decisions is asking me about it anyway. I'm saying quite literally, and as blandly as possible given my way of talking (and even more blandly after an earlier edit), that in selling to people, you extract wealth from them, which creates wealth inequality. The more you do it, the more unequal it gets. Pretty straightforward, I thought.
- TACIXAT 8y agoI'm not outraged and it's pretty silly to assume I am. That said, what if a factory owner in China makes widgets and sells them to Americans. Is that increasing inequality?