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Old 09-03-2010, 09:23 PM   #61
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Drives: 2010 2SS Camaro
Join Date: Jul 2009
Location: Murfreesboro, TN
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Quote:
Originally Posted by The_Blur View Post
I am not going to go back and edit this thread. Your political points are well-worded and not offensive. At this time, they'll stay. Let's not continue that discussion.

Instead, let's focus on economics. Let's focus on the obligations of the US to have lower tariff walls than the EU, Japan, China, Russia, and pretty much everyone else. Let's focus on the relationship between quality labor and expensive labor. Let's focus on how the US builds good cars and those import drivers who said, "I'll buy American when they make a competitive product!" should be eating crow.

You're entitled to disagree. It's all opinion in here, but the reality is that so many of those opinions are based on skewed perceptions.

Capitalism, while brilliant in theory, fails in only one way: it assumes that all buyers are informed of all available options and educated on the advantages and disadvantages of each. Since buyers are generally too stupid to understand the value of a 100,000-mile warranty when compared to a 60,000-mile warranty when it comes to resale, buyers don't buy on warranty. Since buyers don't do the research to find out which engines and transmissions last longer, they buy the one that sounds better to them. Of course, they don't know what "better" means as far as performance or durability.

If buyers were to make a checklist of how a CR-V and an Equinox compared, they see clear as day how superior their American product is, but for some reason, CR-Vs still manage to sell. There's no good reason for it except that people like CR-Vs. Capitalism makes no mention of name recognition in its theoretical discussion. It makes no mention of appearance, instead favoring function in its products. Yet, Americans, Canadians, and all people with faces, fingers, and skeletons buy cars based on foolish perceptions built on propoganda-vomiting advertisements. There are people out there buying Kias because the current hampster ads are "cute." Let's forget about the quality. There are hampsters driving Souls!

In conclusion, I think my opinion is clear. If you're playing the game, you just lost.
Capitalism, in the theory proposed by the Austrian School, is one of the few, if not only model of economics based upon human action. Also, better is not an objective term, instead it is a subjective term. Capitalism is the only system where consumers are the ones who decide what meets their needs, consequently no single individual can say what is better than another.

You're assuming that consumers are simply defensive against advertising. If that were the case, then the success of a company would only depend on its skill in advertising. But, we both know this isn't the case; only one company can have the advantage of a superior product.
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