I recently did a little entry on the subject of "price gouging." Essentially, beyond the core reason that it’s simply none of your business what anyone charges anyone else for a product or service — or indeed, your business what someone else is willing to pay — there are plenty of practical reason why "price gouging" is just hunky dory and I outline some of them.
This morning I have this comment, which, if you can get past the gobbledygook ,is advocating for interdicting in situations where "price gouging" has taken place.
Economic systems, like religious
or political systems, are imaginary constructions meant to help direct
human activities toward a certain goal which provides stability and
progress. When they are differential by preference to reward certain
groups or persons over others, the comfort of complacency has become
the overriding ideology that justifies the system, and idolizes it as