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the snake-oil or panacea salesman of the wild west was a thief, getting money for nothing - putting some cheap ingredients together & giving it a big puff with every verbal trick of a slick fasttalking mouth - maybe arranging phoney cures to boost sales

the question the customer shd ask is: what are the cost of ingredients? the size of the benefit is irrelevant - if it of huge benefit, but only costs little, price shd be little - price shd be cost of ingredients & seller's labour costs, travel costs & other overheads, etc

is it the same with superwealth? - [except that we sell it to ourselves?] & thus cause superpoverty, superviolence, danger to ourselves, global unfraternity [unfriendliness, hatred], superoverpay, superoverpower [tyranny, warmongering, grunt deaths, cannonfoddering of the ppl, danger, above-law-ness, govt corruption, govt lying & hiding nefariousnesses, bureaucracy, undemocracy, unliberty, state terrorism, problems, evils, state crime, terrorism, unsafety]?

2006-10-19 17:09:38 · 4 answers · asked by Anonymous in Social Science Economics

4 answers

That is why they are wealthy. They know how to do it.

2006-10-19 17:18:47 · answer #1 · answered by short stack 3 · 0 0

Snake-oil salesmen are thieves - and there are many, many more kinds of thief, as you mention.

But the reason snake-oil salesmen are thieves is that they deceive people about the product they are getting for their money. If there were no phony business, then they would be perfectly entitled to ask whatever they wanted for it. (And they wouldn't be snake-oil salesmen as we know them. Perhaps not salesmen. But they would be honest.)

People who are honest about what they are selling and do not twist any arms have the right to ask whatever price they want. If people don't want to pay then they don't have to buy. If it's my stuff, then don't I have the right to ask any price I like? If they pay it and nobody forced them, the price must have been "good enough" for them. Who else should decide what they can spend their money on?

In my opinion, the problem isn't that people ask too much for goods, but that they lie and damage and addict and steal and threaten and rape and kill and pollute, ad nauseam. If the worst people did was charge a lot of money for drinks at the theatre (which I hate and do not buy now), the world would be OK.

2006-10-20 02:13:38 · answer #2 · answered by Sasha 2 · 0 0

The difference is obvious. Theives take and return nothing just like socialist and communist.

Whereas to become weathy by trade you have to have to first produce somthing of value. For example a car is nothing but metal, glass, and plastic with a nice paint job. The materials for a car are probably not worth $200.00. But a car that will safely get you from A to B and zero to 60 is worth a lot more.

A lot more is required than "poof". To convert the materials into a car.

2006-10-21 09:45:06 · answer #3 · answered by Roadkill 6 · 0 0

somebody is making money and some people live in America just to be a capitalist, meaning make a profit off a product

2006-10-20 00:20:58 · answer #4 · answered by Anonymous · 0 0

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