People talk about greed. That greed is bad bad bad. Money corrupts and money s the root of all evil.
People forget that ALL people continually look out for their own best self-interests. So, if we want corporations to deliver us the best quality at the best prices with the best convenience, we need to incent them to do so. We can either do this by demanding they do it, like Venezuela. But then businesses just go out of business. Or they ration.
Or, you can use the natural tendencies in people to look after their self interests. People invest in companies. They do this to make money for themselves. They find it better than stuffing that money in a mason jar. Because they wanna make money, the corporation does ALL it can to entice customers to buy from them. And how does it do this? Well, for sure, by raising prices you will raise profits; but you’ll customers. And that’s no bueno. So, companies try to lower costs to bring folks in. Or, they try to increase quality. Others try to make it easier to do business. Walmart does all three:
Can you believe that? While waiting to put tires on your car, you can have your child’s eyes tested and order frames. For the stoopid price of $81 American!
Serious. Greed, when exposed to a fair and open market absent of fraud, is the single best method for driving DOWN price, driving UP quality while providing the MOST choices.