Quote:
Originally Posted by kamm
1. I agree, it's more expensive than it should be. GREED, nothing else.
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I read this repeatedly -- it's just the producer's greed. I'm prepared to face the wrath of MR, but isn't it just as valid a statement to say that it is the consumer's greed to demand lower pricing?
I guess my question boils down to this: What makes our (consumer) desire/demand for lower pricing any more justified than the producer's demand for higher pricing? To say that production costs are lower and therefore pricing should be lower is almost a non sequitor because it assumes that a profit margin can only be x%. The idea of capitalism is to produce a product at the lowest possible price and to sell it at the highest possible price, with both being subject to market factors.
Whether we are willing to pay the price is one thing, but I have difficulty seeing how producer greed is the beginning and end of the conversation.