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Locrian

(4,523 posts)

2. zombies

Reply to portlander23 (Original post)

Fri Jul 1, 2016, 03:47 PM

Jul 2016

Market sets the price which they try to make as high as possible for PROFIT.
Labor / resource sets the PROFIT.

They will charge as high of a price and try to make it the cheapest possible for PROFIT. They can only set the price so high before people won't but it.

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The "new normal" world we are now told we live in by the neoliberal free trade zombies [View all] portlander23 Jul 2016 OP

since when are cheaper costs immediately passed on to the consumer? is Rogoff a 7-year-old? MisterP Jul 2016 #1

zombies Locrian Jul 2016 #2

Well, now you hit a sore point with me passiveporcupine Jul 2016 #3

I'd rather Urchin Jul 2016 #5

Phones and cars might cost more? Urchin Jul 2016 #4

Funny thing is Urchin Jul 2016 #6

We are now service economies in the west. And robots are applegrove Jul 2016 #7