Wednesday, August 31, 2005

Who's being taken advantage of?

Every time a natural disaster occurs we hear of "price gouging" going on. Are companies really taking advantage of people after natural disasters through "price gouging"? The mainstream media is actually taking advantage by using such an event to further its anti-Capitalist agenda. What they call "price gouging" is simply the free market doing its thing. When demand increases so does price, and for good reason; if the price stays the same or is kept low by the government a shortage will occur. That means instead of expensive food, and gas the locals will have no food or gas. Which is better for the locals?