Anti-Capitalist Sentiment (with some morality)

[a500lbgorilla]

Dude, a typhoon just hit. If you're making generators, I'm sure you'll sense an increased market demand. And the market will come back into use quickly after the disaster has passed. Just as impromptu marketplaces set up some time after Haiyan. But during the mayhem, is what your video was on about.

And you're going to have to walk me through HOW the market would stabilize price. "It will" isn't helping me.

[Renton]

Dude, a typhoon just hit. If you're making generators, I'm sure you'll sense an increased market demand. And the market will come back into use quickly after the disaster has passed. Just as impromptu marketplaces set up some time after Haiyan. But during the mayhem, is what your video was on about.

And you're going to have to walk me through HOW the market would stabilize price. "It will" isn't helping me.

Re: generators, I'm not talking about producing them, but distributing them. If generators are selling for 1300 dollars in hurricane afflicted miami, distributors of generators in neighboring cities like Orlando will respond very quickly with supply, which will push the price back down and make the shortage less severe.

With a more mobile and liquid resource such as bottled water, the adjustment would happen VERY quickly. It's kind of like how white blood cells attack an infection, bottled water would immediately flood to the area if there is a profit signal. People would compete over selling water at an increased price, which would result in a decreased price from the initial gouge. So if a bottle of water is 1 dollar pre disaster, and the initial gougers are successfully selling their water for 5 dollars, the increased supply and subsequent competition may result in the price stabilizing at like 1.50 within a day. And importantly, shelves wouldn't run out of stock nearly as quickly like they would in a gouging-prohibited scenario.