Quote Originally Posted by Ash View Post
Sometimes, but not always. A mass increase in demand for undertakers might not be good for everyone, and the success of one company might be at another's expense. Dogma, you see.

Don't get me wrong, I like business and wouldn't want to work in the public sector but I have no illusions about the limits of the market.
Sorry, a, but for all the short term damage it may entail, the success of one company at the expense of another still represents a net benefit because the consumer wins from keen competition, which drives up standards and forces down price.

And the undertaker example is silly because it posits an external factor as a critique of market forces: namely a spike in mortality. Even then the market works, though. A spike in deaths is not only good for undertakers, it means greater demand for labour, which means higher average wages, lower demand for goods and thus lower prices. Again, it's a net win.

Capitalism works, a. The market works. Really fücking well. Sorry, but it does.

Right up until some cöck of a politician tries to put their thumb on the scale, of course.