Just a side bar on economics... which we have established is BASICALLY the chore it seems of man to satisfy his many WANTS... and needs with u necessarily viewed limited resources... there is a notion of supply and demand... supply being a product a service or raw material... (minerals water etc.) Demand being the need or request for these things... what is not stated in class rooms, text books, commercials or lecture halls (well most, shout out to the cool proffessors) is the fact that some of these wants and needs are actually anything but limited and to control their prices or profit margin (ratio of amount of $ spent to produce versus the extra money left after selling it) they must create this illusion of scarcity ... because scarcity allows for price increase. Also lets say eg. A security company ... lets say united security like a acme ... develops war machines and security devices and paraphernalia body armor etc. Lets say there are no wars or violence or extreme unrest or crime... this company would essentially not make profit and become obselete... so the owners of this company would have to close down and accept their losses as anyone should or.... try and find a way how to create a demand for these war products and security products by either creating a war or scaring or persuading the market into believing a war may come or can happen at any time... that way a perpetual need for their product will always be present ... like the ever eminent danger of the sword of damecles ... ??? Thought
Posted on: Thu, 19 Jun 2014 02:17:02 +0000
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