Question:
Pretty much everyone here says they are for capitalism. Capitalism involves selling for profit.
Exactly what profit margin is acceptable, then? Some obviously feel there is a limit, so what percent is that limit?
And for those that feel there is a limit, should that not be codified in the Constitution?
I knew someone was going to say something without merit.
Capitalism is NOT just selling for profit, it's much more private ownership of the means of production.
The reason that I gave the socialist example in another thread is that when the PUBLIC buys all of the production and resells it it is public ownership of the means of production. Go look up what that means. I'll save you the time, it's communism. It's exactly what the left wants. Empty shelves and when there is anything bought on a shelf it is by someone who is NOT a producer that then goes and resells it. You could read some examples of this in the USSR with FOOD (or Venezuela.) Right now that is happening with ammunition and to a lesser extent firearms.
Also free-market capitalism exists without government interference, because of high regulations in the ammunition and gun industries free market capitalism CANNOT exist in those industries, creating much higher barriers to entry. Artificial scarcity essentially describes situations where the producers or owners (scalpers) of a good restrict its availability to others beyond what is strictly necessary. Scalpers and gougers do that on purpose to create a profit motive in a restricted market.
So if you really believed in a free market you'd:
1) publicly shame scalpers
2) believe in deregulation of all industries
Everyone believes in the second, but half of this board doesn't believe in the first.