A secondary goal within the freemarket system requires producing a sellable product. It's part of the demad of supply & demand. If an industry is unable to produce aproduct at a price the market can actually afford, there is no demand. If a farmer in Texas is unable to purchase hay for $80 a ton, he may buy it for an icreased price out of the Dakotas, but if that hay is to expensive, he will simply start selling off livestock. I don't know if Dave2 is a socialist, communist or simply a capitalist. To be honest, it doesn't matter, as the concept that goods and services do not have a market if the cost is greater than the market can support is common to all three methods of view economics. How many times have we heard economist speaking about the current unemployment refer to the high cost of government regulation driving up the cost of doing business. Those making these claims are considered firm hard capitalist. If the farmer in Texas were to pay $200 for hay, as opposed to $80, how much would he need to sell his beef for inorder to make any profit? The market can only absorb so much increase in Beef, before people stop buying it. Taking as a whole JD, I don't think his remarks would call into question whether he is a socialist. There is no more capitalist a veiw than to watch out for high cost with low returns.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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