I am SO SICK of hearing people say, "investors create jobs." No, they don't. Demand creates jobs. Full stop.
Also, the lie we call "the law of supply and demand." Prices don't magically rise when there's low supply or high demand. Prices rise because someone decides to raise them. Full stop.
The people who understand economics the least are the ones calling all the shots in economics.
Agree. Raising a stock price usually means the company bought its own stock. No jobs there.
Suppliers can choose to raise their prices when they believe they can get the higher price. Buyers can't choose to lower prices. They can buy something else or nothing.
You also might want to read up a little bit on the true laws of supply and demand and economics and possibly a little philosophy about money and how people spend it before you make such blanket statements.
But they do create jobs, they create meaningless service oriented jobs to keep them rich and keep the rest of us as economic slaves.
You should study economics. High demand with low supply will allow the supplier to charge more. No demand forces the supplier to lower prices to try to get sales. Someone can raise the price and they do all the time, doesn't mean people are buying the product. Your first statement is correct.
Humans value scarcity. This has allowed artificial scarcity to be used to manipulate pricing (like diamonds).
Supply and demand is based on this; as product becomes scarce, people will pay more. It's manipulative, but profitable, and profit drives business.
Raise your hand for a cut in pay. No?
Adam Smith's " Invisible Hand" is just jeweled trumpet words for the bottom line.
You are conflating the supply and demand curves with the quantity supplied and the quantity demanded. The law of supply and demand is more complex than your simplistic characterization.
If you want to criticize capitalism, it helps to begin by understanding basic economics.
Investors create wealth for themselves above anything else
paper pushers
They need us, fact! They have spent our whole life telling us differently. The problem is that they want the majority to die.They have throughout our lives, putting machines in placement of people. McDonald’s is a high school job lie. AI/robotics makes people unnecessary for the elite. We made them
If no one buys, prices drop. When everyone fights for the item they can charge more. That’s why they hate when we boycott companies.
Demand creates jobs.
Demand does not cause prices to rise.
Iiiiiiinteresting.
Read anything by Yanis Varoufakis; listen to his interviews. Quite illuminating.
Monopolies stop the supply and demand cycle that comes with fair competition. Virtual fiefdoms (like Amazon) also stifle an open marketplace. Prices go up when there are shortages so higher prices are passed on & greed keeps them high when costs go down (think Covid).
Exactly, job creators are the consumers. How long would that ‘job creator’ business owner keep it’s employees if the revenue dried up.
The bottom 90% spending any extra money they have creates jobs, not the top 10%
And because Reagan cancelled regulation and opened the floodgates for price gouging that has remained unchecked by both parties for decades.
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