A guy in California attempted to make money in the milk market. His tactics were so irresponsible, so reckless that the state had to step in and effectivly shut him down. What did he do? He charged less for milk than the milk cartel did. That’s right, he saved people money by going into direct compitition with the milk cartel. The cartel has plenty of political clout, and it uses it to prevent compitition. You can read the whole story here:
A common complaint that people have levied against me is that I am “pro big business”. As a matter of fact I am not, I am pro free market, everyone in compitition with each other (people and businesses). Businesses (especially large ones) fight free market ideas tooth and nail because it exposes them to compitition and lower profits. Of course those lower profits translate directly into lower prices. The milk cartel is one of the most powerful lobbys in the nation. Why? Because of all of the freaking money that they make without compitition. The same goes for sugar and many other agricultural products. The fights against Wal Mart are usually framed as trying to save small businesses. The fact of the matter is that it is other large businesses (Royal Ahold, Safeway, and the Unions… yes, Unions are just other large businesses) that are trying to avoid compitition for their beneifit, forget the consumer… It sickens me to see companies getting away with this, it makes me even angrier that people are so worked up about Wal Mart (which saves people billions of dollars a year) and don’t care and/or don’t know about the many companies that are sticking it to us with the full blessings and enforcement of our government. That’s something to get upset about…
Isaac