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@ambrooks said in #60:
> That is totally irrelevant to my general description of the free market as the driver of prosperity. Which it is.

Your claim was that greed makes the world a better place for everyone. I quote your post #51 directly to remind you:
> Greed works for all of us !

I refuted this claim. Not some other claim that a free market is the driver of prosperity.
You cannot change what you said, even though you might now realise that you have taken an indefensible position (and wisely you make no attempt in #60 to defend your original indefensible claim).

> And your mindless rant about the pollution of the clothing industry is pointless. You wear clothes.

"You wear clothes." was my second guess after "Would you rather have us all walk around naked?!" for what you might reply. I considered including this prediction in #59 but omitted it because I've rightly been taught not to judge a book by its cover even if such premature judgements sometimes do pan out.

My wearing clothes is actually irrelevant to my critique of the fast fashion industry (because it doesn't imply that I participate in fast fashion or buy more clothes than I absolutely need to). And even if I did consume fast fashion, this would still not preclude me from self-critically questioning the fast fashion industry.

Either way, my critique of the fast fashion industry was only a vehicle for my rebuttal of your claim that greed works for all of us. It clearly doesn't and you couldn't have picked a more ironic example than shoemaking. Even your prediction that greed leads to companies producing higher quality shoes is immediately refuted by the vast majority of products actually on the market. I'd estimate that 95% of shoes on the market today cannot hold a candle to the quality and repairability of shoes made 100 years ago. Greed doesn't necessarily result in higher quality products, instead it results in planned obsolescence and barriers to repairability, covered in marketing fluff and endless repetitions of ever faster fashion cycles.

And before you ask where you claimed that, here's the passage of #51 I'm referring to:
> You make a good shoe, so people will buy it. People want a good shoe, they are greedy for a good shoe. Everybody is greedy, everybody gets what they want - the world becomes a better place.

Simplistic and wrong, as I said. Perhaps I misread it and if so please point out my error.

> Sensible pollution rules exist. If they need to be tightened or loosened that can be debated in a free and open society.

We've found our common ground on this one. Although I'd like to point out that they don't exist everywhere (and are enforced to various degrees of success), a fact that is necessarily exploited in a free market with greedy actors.
@Thalassokrator OK - I'll try to explain economics to you one last time, and then I give up.

In a socialist society, a bureaucrat decides the price of a shoe - and then commands a factory to deliver that shoe to the state, so it can be sold at that price. Since the factory workers and executives know that their right to be greedy is removed, they produce the goods poorly and in small supply and only out of fear of punishment from the state.

If the price of the shoe is set artificially low, people line up and buy out the small supply of bad shoes. Most people get no shoes at all.

In the capitalist society, the shoemaker is greedy for profit - so he makes good shoes because the customer is his boss, not the state. The price is set perfectly by the supply and demand curves. Everybody is greedy everybody wins.
@ambrooks said in #51:
> @Cedur216 I see you are from Ukraine. You folks just recently escaped Communism - many of you don't understand how the free market works.

yo can't even check my team memberships and see that I'm German and the Ukraine flag is there since 2022 for solidarity
I have a new thought. Sun energy looks like it's a really disrupting technology, with prices dropping each year.

https://imgur.com/7WVYCNR
If the trend goes on, countries will have to use Solar Power, because of it's low cost.

Certainly, a CO2 tax would apply pressure on Fossil Fuels, but Solar Power is looking extremely impressive!

Am I wrong?
@Cedur216 said in #63:
> yo can't even check my team memberships and see that I'm German and the Ukraine flag is there since 2022 for solidarity

Seems like some are not aware of this e.g. some like you and that we took the flag as solidarity. It amazes me that even if it is not a scoop for more than a year some are still uninformed. When you're lecturing so many posters here it must be a bot embarrassing or at least humbling. Lmao
@ambrooks said in #66:
> @Cedur216 OK you're German. Great ! I'm so happy we can all agree on your nationality.

I'm happy you finally notice @Cedur216 is from Germany after so many years after reregistering here. ;-P
@bfchessguy I'm so glad you are happy ! Very important for everyone on this site to always be mindful of Cedur216's nationality, it's important !
@ambrooks said in #60:
> If a hypothetical good-guy government in - let's say the USA - were to be confronted with companies outsourcing to India exploiting workers with bad working conditions - under which same industry workers were protected by government regulation in the USA - there is nothing wrong with the US government applying whatever tariff is required in order to LEVEL THE PLAYING FIELD.

Actually, in the framework of free-market capitalism, tariffs represent a cost to the consumer that reduces efficiency by introducing deadweight loss (a loss of consumer surplus, which is clearly visible in any supply/demand diagram with price controls). A government that implements such a tariff thus cuts off its own nose to spite the tarriffed country.

The logic of "Wealth of Nations" doesn't cease on a macro scale-- trade makes everyone better off. The playing field is already level-- but some of us play different sports.