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That's what markets do, they co-ordinate supply and demand. If you can't raise prices to ease demand, what do you do? That extra money they are making, is then
by Khaine 4y ago
That's what markets do, they co-ordinate supply and demand. If you can't raise prices to ease demand, what do you do?
That extra money they are making, is then used to invest in more planes, and crew to staff more flights to serve more customers/
You can't have capitalism, without both sides of that coin. That's how markets work.
- naasking 4y ago> That extra money they are making, is then used to invest in more planes No, they're spent on stock buybacks to enrich shareholders, instead of invested back into their workforce or expanding capacity: https://www.youtube.com/watch?v=udITRL9-t08 https://www.youtube.com/watch?v=udITRL9-t08 I don't know why people keep believing in this myth, this reinvestment only happens when there's sufficient competition and no coordination, which is not the world we live in.