The Good Joe
by Laissez Firearm
Special to TLE
What exactly is your definition of a Good American? That's sort of a
burning question right now in North Carolina, a semi-cerebral chunk
of fallout from Hurricane Floyd. The sizzling phrase of the moment is
"price gouging," which is being slopped over all sorts of activities
and practices now that the recovery from the flooding is in full
swing.
First, Revisiting Econ 201
The rock upon which Classical Economics foundered grew out of its
inadequate understanding of value. In the crucial debate over why one
item was more desirable than another, the early economists (who were
largely empiricists or utilitarians) mistakenly assumed that those
goods which required more labor, especially more skilled labor,
should rightly command a higher price. Otherwise, it was argued,
shouldn't a five-ton locomotive cost the same as five tons of
railroad spikes? It was this misconception that can be seen as
leading to both Adam Smith's somewhat incongruous notions of economic
fairness, and ultimately to Karl Marx's Exploitation Theory (which
partially explains the nut's initial acceptance as a useful thinker).
Objective labor-value, although occasionally troubling, went largely
unchallenged until the 1870s when the work of Carl Menger, Leon
Walras, and William Stanley Jevons began to gain some prominence.
These men introduced the notion of Marginal Utility, which asserts
that the market-wide price for any good -- assuming that each unit is
interchangeable, or fungible -- is established by the least critical
(based upon what the competing industries would be willing to pay)
application to which the existing supply can profitably be put. This
answers the questions as to why gold, which traditionally has been
used to make pretty trinkets, costs more than steel, and why sand,
which is the basis for expensive silicon computer chips, is still
near worthless.
A necessary outgrowth was the acknowledgment that value is entirely
subjective -- which condenses neatly down to "a thing's worth what
you can get for it" -- as each consumer makes decisions based upon an
infinite number of individually-selected criteria. This is why
capitalism always stomps the crap out of Socialism, because it
diversifies economic decision-making to the greatest possible extent
(at least until corporations discover that it is risky to duke it out
in the marketplace, and start consolidating their positions by
renting slimy politicians who can cripple upstart competitors with
regulations).
Second, Back to Floyd
A week before the flood, the local Kroger's was selling gallon jugs
of water for fifty cents apiece. Now, if that price had stayed the
same, how many trucks do you think would've hit the road to resupply
the area after the rain slackened? Sure, the stores that refused to
raise their prices won some points from customers who managed to beat
the rest of the crowds -- but that good will didn't mean that their
shelves were any less empty. All they were doing was rewarding the
quickest of the grasshoppers who lacked enough foresight to prepare
ahead of time.
How many of the armies of guys in full-sized pickups hauling Bush
Hogs would have roared over if all they could look forward to was
working 14-hour days and sleeping in their cabs in exchange for the
same fees they could just as easily earn back home? Prices provide
critical INFORMATION to both buyers and sellers of goods and
services, and you can only hope that the consumers who got stung once
will learn from the experience. Them that can't or won't are probably
too stupid to roam the streets without a beefy matron staying within
easy tackling range.
Third, Circling Around to the Original Question
After too many days of hearing the whiners from both the Left and the
Right go on and on about "gouging" and "selfishness" and "greed", I'm
about ready to puke. So really, when you shave away all the fluff,
what in your estimation makes a Good American? How many hoops do you
expect people to jump through? Apparently for some choads, the list
is neverending.
If misguided jokers want to charge more for their wares than the
market will bear, then they will eventually fail. Unless they enjoy a
government-granted monopoly or are a "public utility", of course. A
chilling example of the latter is Public Service North Carolina, a
regional natural gas concern. Over the last six days I called them a
grand total of forty-three times. Forty-one times, I received an "all
circuits are busy" recorded message from Southern Bell, caused by
PSNC shutting-down every single one of their local offices in order
to save some bucks by routing all calls to a central location, which
is apparently fed by only a handful of incoming lines. So there are a
LOT of folks in the area who are currently fully enjoying the marvels
of 30-40 degree Fahrenheit morning temperatures. The good news is
that the scabs can get around to re-hooking me next Thursday.
Personally, I couldn't give a rip if my neighbor hoards candles or
cans of Beanee Weenee. As long as she leaves me and mine alone, she
can sleep on crates of the damned things. The decision to sell off
those treasures to the highest bidder should then be entirely up to
her. Similarly, if she had the brains to top off her tank before
Floyd hit while I stupidly forgot and ran dry, that did not give me
leave to siphon off a few gallons to make a beer run.
I don't think I can possibly convey the depth of unconcern I have for
the actions of others. I don't care who they diddle, if they get
diseases, what they smoke or stick into their arms or arse, if their
kids go hungry, what they own or don't own, how much money they make,
or how they make it. Just leave me the heck out of the freakin' loop
and don't make me pay for YOUR concern.
Oh, and if you're a nitwit, I'll bet your first argument will be
about the chilllllldrunnnnn. Shit, this whole kid thing has just got
to GO! I don't care how it is finally decided, but let's just declare
once and for all whether the little snots are:
Miniature Citizens - so if Mom delivers a spanking, she can go
to jail for assault.
Property of Their Parents - so if Mom wants to peddle her tyke's
sweet ass on the street, no one can stop her. It's the gaping
gray area between the two poles that's causing all the
interminable screeching.
...
Something that always cracks me up is when Ivy League-trained
socialist shitpokes hop on first-class airline seats and then take up
luxury accommodations at taxpayer expense in order to explain "market
economics" to post-Commie proles. Oh wait, that's not fair. The
people they always end up talking to are the old commandantes,
decked-out in more finely tailored suits courtesy of the dependably
drunken sailors at the IMF and the World Bank, who are ALWAYS on
liberty, and to whom no puttied-up whore is ever too disgusting for a
billion-dollar tumble.
In the section above I used the term "capitalism", which is
misleading since the "-ism" implies an artificial political
philosophy imposed from above (Socialism, for example, definitely
qualifies). But capitalism is merely the absence of government
control over the means of production, etc. The thought that whiz kids
from our most exclusive Left-dominated campuses can teach anything to
even the sorriest little peasant is pretty ridiculous when you
realize that the ONLY reason that there was not widespread famine in
many of those countries is because of the black market, which is
capitalism in its most furtive and least efficient form. Someone who
has learned to dicker and wheedle over a bag of millet under the
threat of a trip to a "work camp" if they get caught will not gain a
lot by talking to some blotchy-complexioned dork who strolled through
Harvard on Daddy's dime.
All our airy-fairy types want to do, of course, is to blow enough
cubic meters of smoke up enough asses so that struggling countries
with a shot at freedom end up with a new junta or a People's
Republic, and drop back to where they started, staving off starvation
only through remaining in the good graces of bureaucrats from
overseas with boxcars of unearned wealth to burn, who just looooove
to get treated like royalty whenever they jet into town. So if a
couple million serfs have to get crushed under the wheels of their
limos, well ... like they used to say in the Polish Army, that's just
toughski shitski.