Tuesday, 8 August 2023

"Who actually has the power in a capitalist and free-market economy?"

 

"Who actually has the power in a capitalist and free-market economy? Quite clearly it’s us as consumers. Even something – as here – as trivial as an ad for a beer can lead the capitalists, the producers, losing substantial amounts of money. Billions off the market capitalisation in fact. And all just because some of us consumers decide to switch where and how we’d like to spend our money.
    "That is, it’s us out here with the power over what gets produced."

~ Tim Worstall, from his post 'Bud Light's Woke & Broke'

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