this post was submitted on 18 Feb 2024
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[โ€“] PowerCrazy@lemmy.ml 7 points 8 months ago (1 children)

Historically the free-market has never attempted to do anything except maximize profit. The way the contracting system works in the Us, you never have to actual produce anything to get paid, all you have to do create a shell company that will produce the thing you are contracted to produce. When the shell company can't produce the thing, you blame it on the suppliers of the shell company, and then you pocket the contract money. At no point would shells ever be produced.

[โ€“] Name@feddit.nu 3 points 8 months ago

Haha indeed. The whole point of capitalism and the free market is to maximize profits. Seeing increased prices for shells is neither surprising since an increased demand mean higher prices.

That wouldn't work in the EU though, doesn't matter if your supply company can't deliver, you still have the responsibility to deliver and if you don't you're liable and have to pay back.