Demand is NOT natural... DESIRE is natural.
dear, people who are starving demand and desire food. Sorry to rock your world.
Sorry... in an economic system, you cannot have "demand" until you have supply. You are talking about
DESIRE. You confuse the two then apply some philosophical bullshit to solid free market capitalist principles in an attempt to justify your stupidity and support for crony capitalism.
sorry to break your heart but here is wiki quote from page one on supply and demand:
If desire for goods increases while its availability decreases, its price rises. On the other hand, if availability of the good increases and the desire for it decreases, the price comes down. ”
—
Ibn Taymiyyah,
Supply and demand - Wikipedia, the free encyclopedia
Well now you are confusing yourself more by going to Wikipedia and using "desire" in the context of discussing an already existing market with supply and demand. I have no problem with their rather simple explanation of supply and demand. Desire does drive demand, if people didn't desire something it wouldn't be in demand. That's not what you were arguing. You said that demand creates supply. It doesn't because they both need to exist. One doesn't create the other. Demand and desire are not the same thing in THIS context.
You keep missing the point entirely. The words "demand" and "supply" have specific meanings in the context of a discussion on economic principles and free market capitalism. You can't be attaching out-of-context words to them and create your own economic argument. That's not in any Economics textbook I've ever read. Just because people WANT something, doesn't mean there is a DEMAND.
Here's an example: I want my Jetsons Flying Car, dammit! We were supposed to have those by now! Well? The technology is there... if they build drones, they can build flying cars. And I am quite sure a LOT of people would LOVE to have a flying car... how cool would that be? So here you have an example of something that is desired and there would certainly be a demand for... where is the supply? Where is the Henry Ford of flying cars?
PROBLEM #1: The average person wouldn't be able to purchase the technology.
PROBLEM #2: You can't just let the general public fly freely in the skies.
PROBLEM.... #3657.... You get my point?
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In economics parlance, the supply and demand are already assumed to exist. It really doesn't have anything to do with innovations or technologies brought to commercial success... that is a different argument. If you are going to be a cheerleader for supply and demand, you should at least understand the concepts of what you're cheering.
In a free market system, supply and demand work in relation to each other to determine a price equilibrium and a fair market value and trade. Capitalist profit is the result but that always involves two parties in mutually agreed transaction of commerce. The capitalist has something he values less than the $$$ of the consumer. The consumer values what the capitalist has as much as the $$$. Therefore, a mutual transaction is made.
Competition in this system is what keeps capitalists from being greedy. A greedy capitalist soon discovers a less-greedy capitalist has taken all their business. Profit is simply a tangible calculation percentage on a ledger sheet until it's realized. So capitalists aren't out there just jacking up profit margins because they want to buy a new yacht on the backs of consumer slaves. They want to make as much profit as possible but they have to remain competitive.
One thing that KILLS competition is government collusion with Big Business. It does more to prevent and destroy individual free market capitalism in America than anything a Socialist could ever dream up. Kills it dead and wipes it out forever. Ruthlessly... as Big Business marches on, you see?