Modern Linestages

Hi,

Response34, I don`t recall a single post during this thread where anyone said or even suggested a company should`nt make a profit. There`s been in fact quite a few here(myself included) who openly support capitalism and free market principles.

Some of us have question the "uber" high prices of some components in terms of price/value, but realize that`s clearly up to the buying public to make that call, as it should be.

Refreshingly this thread so far has been free of the socialist-like view that all these high end companies want to do is charge "unfair" prices and ripoff the helpless consumer.
Best Regards,

Charles1dad, I think it would be a communist who would say that capitalists are ripping off the consumers. Socialists merely want to use government to counter extreme capitalism and to provide services.

Under capitalism the buyer is expected to seek quality at the lowest cost. This may include pressing the dealer for the very lowest price. Similarly there is no such thing as an uber price. Rather there will be a high price that no one or few will pay and the manufacturer will either lower the price or cease production.

"Socialist merely want to use goverment to counter extreme capitalism and to provide services"
Tongue in cheek I surely hope Tbg.

You know, like soup kitchens for a rainy day.

As to uber prices, it is not a rip off if the sound is commensurate with the cost, even accepting the law of dimishing returns - unfortuanately some expensive products justify the expense and some do not - eventually the market figures it out, but it can take a long time, especially against concerted advertising and "review" campaigns.

Seeings this tree of a thread has branched off in many directions, it's my turn.

My curiousity has me wondering why/how some artists can charge so much for their paintings??? I mean how much does canvas and paint cost anyway? And worse, there are people who pay these prices, millions sometimes. Wow.

Don't know why I had those thoughts (or do I). :-)