Capitalism

An oldie but goodie –

Once upon a time in a village, perhaps in India, a man announced to the locals that he would buy monkeys for $10. The villagers, seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 but, as the supply started to diminish, the villagers stopped their efforts.

The man then announced that he would now pay $20 each. The villagers renewed their efforts and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate was increased again to $25 but the supply of monkeys became so depleted that monkeys were rarely seen, let alone caught.

Now pay attention, for this is where is gets interesting. The man now announced that he would buy monkeys at $50, however, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf.

In the absence of the big man, the assistant told the villagers: “Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and, when he returns from the city, you can sell them back to him for $50.” The villagers gathered together all their savings and bought all the monkeys for $35 each.

They never saw the man, his assistant, or their money ever again … only monkeys. Everywhere. Welcome to capitalism!

Copied from Permaculture in Brittany, Who had it from someone else. Discuss…

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