Two observations
Convective thought, probably useless. Two observations and a comparison.

Observation 1:

One major axiom of academic economists is the notion of substitution. Economists assume that consumers choose products based on an abstract need or desire. The abstract need can be filled by many different combinations of products, depending exclusively on price. Say I'm accustomed to paying $3 for a dozen eggs. If eggs double in price, I'll substitute some quantity of cheaper pork to fill the 'protein need'.

Nobody shops that way. Even industrial consumers don't operate on that principle. Say I'm accustomed to paying $3 for a specific type of ball bearing. If my supplier doubles his price, I'm not going to substitute roller bearings. I'll either find a different source of ball bearings or just absorb the cost for a while.

In real life NOTHING is substitutable. Nobody replaces eggs with pork, or spinach with kale, or ball bearings with roller bearings, solely to hold price constant. Adults have firm preferences based on EXPERIENCE and EXPERIMENT, not on abstraction. We know what we like, and we'll pay almost anything to keep using what we like.

For a business, EXPERIMENT means that we've spent thousands of hours designing and testing the product, setting up the assembly line, gaining regulatory approval, and training the workers. We CAN'T do the whole experiment over again just to save a few bucks on one component.

Monopoly is so dominant now that you can't even count on finding the SAME item for a better price, or a better version of the same item for the same price.

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Observation 2:

The demons of Die-Versity operate on a similar false assumption in their campaign to obliterate civilization. They assume that skills and cultures and genders are freely substitutable, because all humans are identical grains of sand. Genes do not exist.

Job skills: Die-Versity says that women can be firemen and Marines because there's no difference. Die-Versity says that men can be housewives and mothers because there's no difference. Die-Versity says that blacks can be mathematicians because there's no difference. Die-Versity says that Eskimos can be basketball players because there's no difference.

Cultural institutions: Die-Versity says that religion can be replaced by government welfare programs because both fill the same abstract need. Die-Versity says that Natural Law can be replaced by relentlessly changing regulations, because both fill the same abstract need.

Genders: Nuff said.

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Comparison:

I don't think economists intend to destroy economies by using the substitution theory. They're just hopelessly dumb and incurably stupid. Die-Versitarians know exactly what they're doing. They know that substitution leads to failure and chaos and genocide.

Later thought: I take back the excuse for economists. They are working toward the same demonic goal.

Labels: #DeplorableLivesMatter

  ¶ 2:44 AM