Loyal Democrat Wrote:
Nov 14, 2012 6:47 AM
Price gouging regulations do not go far enough. It is also price gouging for a corporation to charge more for a product than it cost to produce it. To demand a profit is to demand that a person pay more than what is necessary. The buyer has a need for the product, yet the seller exploits this need by refusing to hand it over until the one in needs forks over more cash than the seller has invested; this is price gouging by any definition. The profit seekers at the hurricane site are no different than ordinary producers who seek profits for their wares. Rather than produce for the betterment of the collective, they only produce out of selfish desires. We must mandate that all people work for the collective, not their own greed.