Monday, April 22, 2019

My Comment To "Jamie Dimon’s Timely Warning: A CEO finally speaks up to tell the truth about the shared misery of socialism" In A WSJ Opinion by Andy Kessler

My published comment to The Wall Street Journal Opinion, "Jamie Dimon’s Timely Warning: A CEO finally speaks up to tell the truth about the shared misery of socialism." by Andy Kessler:
Just tell potential socialists that under socialism there wouldn't be any almond, oat, coconut, soy, antibiotic free, non-GMO or organic milk for their coffees. lattes and cappuccinos. Don't even mention gluten-free. Without a profit motive and competition, there isn't any market demand feedback. Without a capitalistic market mechanism, there isn't any need for new products since the old products, such as cow's milk or wheat pasta, work. Why change and bring out new products when the old product is good enough and OK. Plus, under socialism, government decides production amounts, such as how much wheat is used for bread and how much for pasta. Get used to your turkey sandwich between two layers of linguine when there is not enough bread produced.

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