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Video: Jon Stewart and John Oliver Confront Hawaiian Socialism

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jamesfirecat2/12/2010 1:27:21 pm PST

re: #47 Mosh

Prices differ from costs. Prices are just a number, cost is the actual amount it takes to produce a good or service. Yes, you can put a cost on someone’s health. You can try and cut the cost with a price control law put that extra cost will be placed elsewhere. Either in more expensive services, higher taxes, hidden fees, you name it.

If we leave it up to the market, whats to stop them from constantly jacking up the price to increase their profits since they’re selling a good people can literally “not live without”?