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Re: Manufacturer's Profits at Buyer's Expense

To: "MG List" <>
Subject: Re: Manufacturer's Profits at Buyer's Expense
From: "Parker, Richard" <>
Date: Sat, 7 Dec 2002 08:13:31 -0800
I get the digest, so sometimes a thread goes a long way before I see any of it. 
 And I should also say that I'm in a great hurry this morning and can't begin 
to say the things that come to mind after reading the contributions on this 
very interesting and very important (if off-subject) topic.  

But you are by no means alone in your views.  I have taught social and 
political philosophy for thirty years, including courses in a university 
college of business.  My best friend is a professor of finance and marketing.  
And I know as much about markets and such as most folks.  And the idea that 
they are somehow magical and deregulation the key to a better society (whether 
the market is for cars or mail or airport screeners) has become an article of 
faith, not of reason, among a huge chunk of the population.  This view, howeve 
superficailly attractive, doesn't hold up.  And the people who run major 
corporations know this better than anybody.  They do, however, depend on an 
awful lot of other people believing it.

More, when I'm back from Spain, unless the admin shuts this down.  :>)

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