Quote:
Originally Posted by lovcom
No, it is not, and it seems you do not understand capitalism.
There is nothing immoral or wrong about taking on a profit to an item for sale, and I am surprised you'd think this. And this is not taking advantage.
This is not to say capitalism can't be abused...of course it can, but to make such broad statements about it "taking advantage" is silly, to be sure.
How is the shop keeper supposed to pay the rent, the light bill, his employees if he does not add a profit margin?
There is nothing immoral about this, and if you think so, then you'd be happier in the good ole USSR ;-)
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I was the one who originally posted this, for some reason lucmas copied it verbatim. The context seems to have been lost along the way, perhaps because "taking advantage" may seem to imply cheating or being dishonest. In any competition, unless you have an advantage, you don't win. Competition is fundamental to Capitalism, and there are winners and losers. An advantage may range from a better product or service, to preying on a customers ignorance ( car repair ripoffs), buying a foreclosure, all the way to a corporate monopoly. Some are honest, some are not.
The USSR is long gone, and in every remaining communist country, just about everybody is poor (Cuba, N Korea, etc). Snarky comment was uncalled for.