Tag: prices

  • Price ceilings and price floors

    Price ceilings and price floors

    Food, housing, energy, education, health and arms cannot be left to the market. We need to control prices. These are not consumer goods. They are commodities essential to human needs. The very reason for civilization is to be able to provide these necessities. They are not goods to enrich a part of the population. People…

  • Cut out the middleman

    Cut out the middleman

    Four traders, suppliers of raw materials supply 90% of food for humans and livestock: Cargill, ADM, Louis Dreyfus Commodities and Bunge. They supply cereals, cocoa, cotton, oil, eggs, flour, meat, peanuts, rubber, salt, wool, chemicals and vitamins. The biggest of these, CARGILL, is the largest private company in the United States and controls a quarter…