Grayscale Photo of People at Market by Danilo Ugaddan Pexels Free to use

Notable Quote – Consumers Determine the Marketplace

Socialists and Democrats (but I repeat myself) always lambast Big Business as the Evil component of capitalism.  They forget: On the market of a capitalistic society the common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality. Those shops and plants … Read more

Capitalism

Notable Quote – Don’t Let Socialists Define What Capitalism (As in “Greedy Corporations” and Profiteers)

Achieving profits is a condition of survival. Consumers leave no alternative for producers. If the products don’t satisfy consumers, producers won’t cover costs and won’t survive. The drive for profits is compelled by consumer preferences for better or more economically produced goods. Over time, competition displaces less satisfactorily performing producers – those who don’t earn … Read more

Quotes

Notable Quote – Ronald Coase and Ning Wang

Markets provide a platform through which firms compete for both resources and customers. How effectively firms perform these tasks depends primarily on how open the markets are, including the markets for factors and products, and how freely firms can be created and compete with each other. Essentially, firms’ effectiveness depends on how smoothly and quickly … Read more

Levi Strauss has just thrown in with gun control group Everytown for Gun Safety

“While taking a stand can be unpopular with some, doing nothing is no longer an option”

Some, you say?  That’s going to be a rather large sum of “somes”, Levi Strauss CEO / President Chip Bergh now that you have announced millions of dollars for those that desire to restrict our Second Amendment Rights. You just announced that you will be:

So today, on top of our previous actions, Levi Strauss & Co. is lending its support for gun violence prevention in three new areas. First, we have established the Safer Tomorrow Fund, which will direct more than $1 million in philanthropic grants from Levi Strauss & Co. over the next four years to fuel the work of nonprofits and youth activists who are working to end gun violence in America.

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