1st tenet in economics "For anything to have a price, it must be scarce and insufficient at some level". Land which lies unused, and food mountains, milk getting strewed all over, and coffee getting chucked into the sea, and more, are all examples of withholding to keep the prices up. In this world, for everybody to be fed would mean abundance, which would mean gluts and no price. free, which indeed would not be good for business. Business, its exchange, its money charging for physical needs causes world starvation. Nb: charging for non physical needs does not cause death. I would love to be proved wrong. But this is the economics we are taught. Its the economics we experience We need to do something about it, as fast as possible.
2006-10-30
03:25:34
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4 answers
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asked by
green_womble
1
in
Economics