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To: James C. Bennett
and you want India to take an existential risk to support British jobs, just because they’ve provided what amounts to a very meagre amount, per-capita, as a deal-sweetener in disguise?

You're jumping to conclusions. I don't "want" India to do anything. Never said I did.

Look at it this way: Suppose I'm a manufacturer who sells widgets for $100 each. My competitor sells his for the same amount. My widgets are inferior to his. So I put mine on sale for $95 so that I can make a profit and remain in business.

Have I done something wrong?

No, I, Mr. Widget seller, have done absolutely NOTHING wrong. If you, Mr. Widget buyer, think buying my widget poses some kind of existential threat to you, then you would be a fool to buy one from me to save a lousy five bucks.

But DO NOT try to blame me, Mr. Widget buyer, for your stupidity, greediness and lack of moral fiber, as evidenced by your inability to make a sound decision (especially when you believe your very life hangs in the balance) just because someone dangles five smackeroos over your greedy, grubby little out-stretched fingers. That's your failing as a person, not mine.

Anyone worthy of the label 'capitalist' understands this stuff implicitly. Socialists don't. It's buyer beware, not damn the seller.

53 posted on 02/06/2012 2:01:42 AM PST by LibWhacker
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To: LibWhacker

Nice example. but you missed one thing. The discount wasn’t upfront at the point of sale. It was Mr. Widget seller knocking on my door even before I went to the market to assess the different widgets with a free gift claiming he was making door-to-door gift deliveries. The gift was a key chain that frankly I didn’t need or want and I told him so. Then Mr. Widget seller says “Oh keep it anyway, you may need it if you buy a new car”. I say “well, since you insist” and I keep it. I gets lost in my pocket and I frankly don’t know what I did with it. Then I go to the market and hey, look who’s there but the friendly Mr. Widget Seller. He waves at me and I greet him but move on to look at widgets. He shows me his, and naturally I look at them closely. If all things were equal, I might be willing to pay a little extra even since the widget seller was so friendly but since they are not, I politely let him know and pick the widget from the grumpy old fellow at the corner who doesn’t greet me but has good widgets at a good price.

If now Mr. Friendly Widget Seller throws a tantrum, whose fault is it?


56 posted on 02/06/2012 4:27:20 AM PST by MimirsWell (Pganini, cmdjing, andyahoo, artaxerces, todd_hall, EdisonOne - counting my Chicom scalps)
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To: LibWhacker
Your example is totally silly to begin with. The French had a more attractive offer for a better price. So the Brits pulled a fast one and gave away freebie junk to entice the Indians. Indians took the freebie but still went with the French. Now the Brits are throwing a tantrum over their freebies. Whats wrong with that? Everything! You dont give away stuff pretending its “free” then and then turn around and make it an obligation on part of the buyer to buy their product because he accepted the freebies. That sort of con game will not stand in any court in US or elsewhere.

As I see it, the greedy grubby outstretched fingers actually belong to the Europeans and Brits who are scrambling like hungry dogs for their piece of meat.

As for “Capitalism”, American and Europeans have long forgotten about Capitalism. Their current economic situation is proof of that. Someone should have told the Brits their government subsidy surreptitiously packaged as unselfish “aid” isn't enough to win a free and fair competition. Maybe the American and Europeans need lesson on Capitalism from Indians and Chinese now.

62 posted on 02/06/2012 10:32:45 AM PST by ravager
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