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Originally Posted by Cowboy89
You don't think that supply and demand are largely the largest force driving most prices? Just because you don't understand how that happens, doesn't make it a conspiracy theory.
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Supply and demand plays a roll for sure and I am very familiar with how it works thanks.
I never called it a conspiracy theory, it is however a theoretical concept. The same as trickle down economics is a theoretical concept, how you made the jump to anything that is theoretical in nature is a conspiracy theory is beyond me.
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Also highlighting that suppliers actively try and get the highest price possible for the goods they sell isn't evidence of 'greed', just evidence of them participating precisely in this process.
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Are you saying supply and demand was the reason why Loblaw was ordered to pay half a billion dollars in fines for scheming to fix the price of bread?
Perhaps you should first try to understand what I’m saying before taking this all or nothing if you’re not with us you’re against us approach and trying to put words in my mouth just because on the surface you don’t like a reasonable point that I’m bringing up.
Defining greed as it relates to business practices is about as subjective of a topic to discuss as anyone could come up with and I’m not suggesting that it’s wrong for a business to sell their goods or services for more than the bare minimum. But I think there is a lot of evidence that suggests greed, like supply and demand, can be a major factor in determining prices.