Right-wingers have lower emotional intelligence, study finds

[aggiesal]

16. I have a right wing friend ...

Everything is 'me, myself, and mine'

She once asked me that shouldn't a person be allowed to charge as much as
they can on the product they've invested in and/or created?

She did not like my response.

1) I believe in the theory of Supply & Demand.
Except in instances that are life & death.
No pharmaceuticals should be allowed to charge based on Supply & Demand
because it will cost people lives. Martin Shkreli, who's company raised the price
of an AIDS pill by a factor of 56 from $13.50 to $750 per pill.
Not to mention, Hospitals, Health Insurance companies ... it's all one big monopoly.
You get diagnosed with an illness, you can't shop around for the best priced treatment,
we are all pretty much tied to our hospital/doctor because of the health insurance we
have.

2) I don't believe that Supply & Demand should apply to a captured market.
For example, I can only get San Diego Gas & Electric. They are owned by Sempra Energy.
I don't believe that they should be allowed to charge based on the S&D theory, because
we customers have no other option. We don't buy from SDG&E, we don't get electricity.
Gas & Electric companies used to be PUBLIC utilities where they were limited to around
8% profit.
To this example, Enron created the "Brown Outs" in California, when they
purposefully, shutdown a power plant for "Maintenance", during peak hours. Then proceeded
to gouge the electric companies and the state, for the remaining electricity. These "Brown Outs"
affected hospitals, day care centers, retirement homes, medical equipment, ..., and they
cost lives, when elderly had to choose between paying their $600 per month electric bill
for a small apartment or paying for their prescriptions.

3) I don't believe a company has the right to apply Supply & Demand Theory when their
product was first developed by the government (i.e. us). They've used our millions of $$$'s
to produce something like the internet, then they buy and make exorbitant money.
Where I live, I can only use COX as my sole provider for any telecommunications. Of
course I can use DirecTV Or DISH as well for TV, but I have to use COX for my internet
because no other company runs lines to my neighborhood. I can use other companies, but
COX as the right to the "LAST MILE" so these "other" companies would have to piggyback
onto COX line, so they still get a cut, which drives the "other" companies fees up, to the
point where they can't compete against COX!
We laid down the infrastructure to run their cables.
We built the power line infrastructure that allows Sempra to get their electricity from their
power plant to our homes.
We've already paid!!! Their product should be treated like a public utility and limit their profits.

So NO, I don't believe a company should be allowed to apply the theory of S&D and charge
as much as possible, because they've invested in and/or created their product.

I'm sure there are other reasons, but these are my 3 main reasons.