3 ms·
If anything, I saw shortages as a failure of the capitalist system by which shortages are caused by greed, particularly by those with more money. From my unders
by Woberto 5y ago
If anything, I saw shortages as a failure of the capitalist system by which shortages are caused by greed, particularly by those with more money. From my understanding with a more socialist system in place, people would be limited to purchase only what they need to make sure that there could be enough for everybody (which there definitely was)
- dukeofdoom 5y agoA free market will take care of shortages, the higher price of a particular commodity will mean higher profits and incentives the production of that good. So it's actually opposite. Look for videos from the communist block countries, people were waiting in line to purchase things like bread and toilet paper daily. Its not the Utopia you have in your mind. Take air travel, right now there are extra costs of tests, and quarantine hotels in Canada, can add thousands to a potential trip. Making it financially impossible for many people to afford it. The rich and connected are not nearly as affected, they can still afford it. Or the government will leave loop holes for them to get around the laws. Litteraly