H
Handy
Guest
I don't think anyone misunderstood how capitalism works. The post contained the word "should" and that's how it was responded too.
Based on your comments, a Glock "should" be the most expensive handgun around, due to it's ridiculous popularity. But the market does keep it at a price that is comparable to other guns the public feels are equivalent.
In the end, the price is almost totally perception. Prices too low come up to meet it and too high cause the product's death. But if prices were "fair", meaning every company was equally profitable, some would be lower and some higher. But the public hasn't figured out that a plastic gun isn't a good value because their value system has little to do with materials and labor.
Based on your comments, a Glock "should" be the most expensive handgun around, due to it's ridiculous popularity. But the market does keep it at a price that is comparable to other guns the public feels are equivalent.
In the end, the price is almost totally perception. Prices too low come up to meet it and too high cause the product's death. But if prices were "fair", meaning every company was equally profitable, some would be lower and some higher. But the public hasn't figured out that a plastic gun isn't a good value because their value system has little to do with materials and labor.