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    « Saturn's Fountain of Life? | Main | Endless Collection of Data »

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    Comments

    a rose is a rose

    i can forgive a lot. i can't forgive price gouging on victims of natural disasters. (ok, who the hell am i kidding. i CAN'T forgive a lot)

    Cele

    It was such a worthy and good idea, but so sad greed stepped in.

    bex

    Interesting...

    although I have to ask, what is the 'acceptable' profit margin during a declared disaster? Triple margins isn't usury... he must have done something really sleazy towards the end.

    NFlanders

    Even though price-gouging offends our sense of justice, in this case, it seems the most efficient way of distributing goods in the time of a disaster. As soon as Montana was arrested, his flow of goods from FL to LA was stopped. Clearly, since people were willing to pay exorbitant prices, the goods were not otherwise reaching them. What does putting him in jail accomplish? It saves disaster-stricken people money, but it also ensures they won't get what they need.

    If people (even slimy people like Montana) have an economic incentive to get, say, generators or bottled water to people in need, then suddenly, there will be more generators and bottled water flowing through private means into the area. Which is morally worse, charging 5 bucks for a bottle of water, or staying at home at not getting those people any water at all? I say the latter.

    CV Rick

    NFlanders - letting the market prevail and balance resources, right? That's kind of the capitalist view that the markets, allowed to function freely will correct all wrongs. Unfortunately, as it's correcting all those wrongs and making everything equal in terms of resources, people are dying. What's a life worth? In your economic incentive view, life has a discrete value and people who have access to some degree of wealth have lives of higher value than those who do not.

    For some, that's an attractively sociopathic view, glorified by a psychotic free market where profits are privatized but risk is socialized (i.e. government welfare for the wealthiest corporations, whereas individuals who find themselves in debt risk are expected to sink alone).

    For me however, sociopathy isn't attractive.

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