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To: castowell

To the extent of government interference, you were wronged.

To the extent you lost in the voluntary cooperation between buyers and sellers in the marketplace free from government interference, you lost in open competition.

Open competition in the free market means inferior companies lose but the consumer wins.


5 posted on 08/02/2020 12:45:02 PM PDT by Jim W N (MAGA by restoring the Gospel of the Grace of Christ and our Free Constitutional Republic!)
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To: Jim W N

> Open competition in the free market means inferior companies lose but the consumer wins. <

As a conservative I want to believe that. But consider this.

A few years ago I was watching a news story about an American company that made door locks for cars. And the owner was darn near crying. He said that the Chinese had entered the market, and were selling door locks for less than it took for his company to make them.

The Chinese locks weren’t as good as the American ones. But they we good enough. So the owner had only two options. Either go bankrupt or move production to China. And he was almost crying because he saw his employees as family.

Repeat this for industry after industry. Nope, I can’t call this a free market. It is something else.


10 posted on 08/02/2020 1:04:28 PM PDT by Leaning Right (I have already previewed or do not wish to preview this composition.)
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