Failed Capitalism of the USA: Supply and Demand Ignored
Supply and demand is one of the most important principles which are supposed to regulate prices under capitalism. Supply and demand is the idea that prices should fall if there is a great supply with less demand. Conversely, it is also the idea that prices should increase if there is a small supply and a greater demand.
Maybe, the problem is that in the USA money is only credit based on nothing. That is, when one shows up to make a purchase, he or she is not necessarily giving anything of any value. There is no reason why a quarter should be worth less than a dollar. There is no reason a dollar should be worth more than a dime. This is flawed currency. There is no reason for the decimal point in the money system either.
One problem with supply and demand in the USA is that it has come to mean people, and not goods. This is a disaster of dehumanization, something people have suffered since the beginning of time. That is there are plenty of people, so people can be laid off. The person working at the top of company ladders often has an outrageously huge salary, and has made up his mind not to share it so that people at the bottom of the ladder can be laid off if there are not as many buyers.
When there are plenty of people, it is not an excuse to treat people as supply! The same is true of animals. Supply is goods only. Supply and demand should not infer an ethic to living creatures, especially of it creates the idea that less obligation to ethical behavior is a possibility should there be many people.
When I walk through the average megastore, what I see is endless goods. That is I see virtually endless supply. Surely the store is not selling to capacity what it could possibly sell if it lowered prices and raised wages. Yes, the money to do such a thing has to come from somewhere, and it means that someone has to part with his or her money. When people don’t part with their money and they don’t part with their goods, there is a terrible situation of depravity. It is what Marx called, the haves and the have not’s. In this situation, the police merely function to protect laws that support the rich. The police are as a militia defending the inhumane abuses that people in power and out of touch with empathy for commoners give through not sharing.
See, these goods in these stores are the supply. It is endless, but the prices have not fallen. Companies become ever more cut throat, while the ones at the top of the chain stagnate. The companies at the top need not operate at capacity, having billions of dollars for financial cushions. The CEO of the leading brand needs not alter the amount of money he has, so it’s however much he can get. The stores fill up with goods, stocked, and the workers are no longer needed, eventually laid off.
It’s unbelievable to listen to the rich complain in a stagnated economy. They say, people aren’t buying, but the people are broke! The fact is that the rich can’t put themselves in other people’s shoes. The rich can’t see what it is like living a double life as a poor person, such that they have some empathy. The rich, out of touch, can’t see that money doesn’t grow on trees for common people, like it always has for them. All they see is more, and try to pass off they are a good person by donating to the arts or something. The average Joe, though he is probably less competent needs to be able to get his share and this requires that prices come down when there is a lot of supply. Stores need not be full! These megastores can take a hit for the sake of equipping people with the goods that they need.
Look at the surplus, it is everywhere. All that needs to happen is for people to share! There is no reason for the government or its people to be in debt. If a nation has enough to go around, then it should go around. When are the Scrooges of the USA in all their wealth going to help out the Tiny Tims? Supply and demand has become a theory, just like socialism, it works well on paper, but not in practice.
What of the people claiming to believe the Bible that don’t support having a year of Jubilee? Yes, this is the way out of the debt, simply forgive! Every ethicist has taught it since the beginning, and yet humans still don’t learn! The USA should just forgive its debts every seven years! The people would be a lot happier for it. I remember mentioning this year of Jubilee to people, but nobody thought it was a good idea. These are the same people that claim to love the Old Testament Laws of Moses. It just goes to show that if the preachers aren’t preaching it, then the people don’t open it up and read it themselves.
Look at history, and you will see that the greatest injustices come to ignorant societies. As far as I can tell, the USA is ignorant. Yes, Jubilee is a Jewish Law, but I believe many people are essentially Jewish converts in all but word. There is no Jubilee for nations other than Abraham’s, but that is a crock! Both Jews and gentiles pick and choose in their Bibles, and the year of Jubilee is a good one to choose. My guess is that the Celtic peoples are the Jews anyway, so if you read an earlier blog and think different that was just me blowing smoke in the face of conservative Christians, and it is not necessarily what I believe. The point of that was to elucidate an inherent inconsistency in preaching common conservative views, such as that Celtic people descend from gentiles and the ignored consequences of gentile descent by literal translation of the “Old Testament” by conservative and fundamentalist preachers.
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