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Quote by: Kamehameha34  Barriers to entry apply to all businesses, and you only want to apply it when it hurts my argument? No dice.
When there are enough people discriminated against as to be disallowed entrance to a business, that creates enough of a demand to justify a new business which doesn't discriminate. The fact that there are 'barriers to entry' doesn't mean that it wouldn't happen. Honestly, where do you think that argument was going to take you?
"What if they're kicked out of the store?"
"Then they'd go to another."
"Yeah?!? Well.. what if everyone kicks them out?"
"That would create demand for a new store that wouldn't."
"Yeah!!!?!??! Well.. what if it's hard?" |
Creating demand doesn't mean that demand gets met, due to barriers to entry.
For that matter, even if it's met, it won't necessarily be as good. After all, the new business has to give up patronage from bigoted whites in by allowing me in, so it might not be able to offer the same sorts of prices and selection, particularly due to a lack of economies of scale. I am, after all, part of a minority.
Since it's the only choice for me and others of my mistreated group, it offers a limited supply for the demand, thus driving up prices. To put it another way, they can afford to charge a premium since I have no alternatives. And, in the sick logic of pure capitalism, they have an obligation to charge what the market will bear. Congratulations: you've reinvented the bodega.
Ultimately, the bigotry of the bigoted store owners is costing me time and money. It is the source of economic damage. Moreover, it is hardly of any benefit to the economy as a whole, much less to society. Once again, the libertarian myth of infinite choices fails, while the libertarian puts property rights over human rights so as to support racism. Some things never change.
TC