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iandhr

(6,852 posts)

35. companies and producers cannot make a profit.

Reply to hack89 (Original post)

Thu May 3, 2012, 10:52 AM

May 2012

you can not ask someone take a loss.

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39 replies

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Highlight:

With Venezuelan Food Shortages, Some Blame Price Controls [View all] hack89 May 2012 OP

Price controls are almost always a good idea AngryAmish May 2012 #1

Price controls weren't the problem in the 70's. Ken Burch May 2012 #3

you are wrong naaman fletcher May 2012 #13

Yeah, so letting food be priced so that only the rich could afford most of it Ken Burch May 2012 #2

Hyperbole much? hack89 May 2012 #4

The free market never serves the poor. Ken Burch May 2012 #6

What ever kind of market they have in Venezuela doesn't seem to be good for the poor either. nt hack89 May 2012 #7

what do you mean naaman fletcher May 2012 #15

They did just before the coup against Allende Lydia Leftcoast May 2012 #25

There was a lot of malnutrition in Chile during the Friedman years Ken Burch May 2012 #26

I did not know that naaman fletcher May 2012 #32

High food prices wouldn't have led to more food being grown Ken Burch May 2012 #11

except that doesn't happen anywhere there is a market naaman fletcher May 2012 #22

Plentiful food = cheap food hack89 May 2012 #23

The food industry in Venezuela is in private hands Lydia Leftcoast May 2012 #24

Thanks for pointing that out. Ken Burch May 2012 #28

The people at Walmart can pretty much only afford junk food. Ken Burch May 2012 #29

cant find? or people dont want? ccavagnolo May 2012 #37

they import about 70% of food anyway so they are still subject to free market pricing Bacchus4.0 May 2012 #5

I changed it to "only the rich"...that is, only a tiny minority of the Russian population. Ken Burch May 2012 #8

it hasn't here in the states. there is more than enough food although prices have increased Bacchus4.0 May 2012 #9

have you been to russia? naaman fletcher May 2012 #17

Yes, YOU can...buy you're a wealthy foreign tourist. Ken Burch May 2012 #18

you are wrong naaman fletcher May 2012 #20

so what happened then? naaman fletcher May 2012 #14

The shelves are full, but that's meaningless to the vast majority of the Russian people Ken Burch May 2012 #16

huh? naaman fletcher May 2012 #19

Price controls without subsidies cause these kinds of problems Taverner May 2012 #10

Thanks. Ken Burch May 2012 #12

The story is about shortages at government subsidized stores hack89 May 2012 #21

So there aren't really food shortages Lydia Leftcoast May 2012 #27

Do you really expect producers to lose money? nt hack89 May 2012 #30

seems to me they would need to subsidize the producers Bacchus4.0 May 2012 #36

No, I don't expect capitalist to lose money... white_wolf May 2012 #38

Good point. Ken Burch May 2012 #31

nope, Ven imports 70% of its food Bacchus4.0 May 2012 #34

yes, there are. The producers aren't producing. Read the article Bacchus4.0 May 2012 #33

companies and producers cannot make a profit. iandhr May 2012 #35

locking maddezmom May 2012 #39