Friday, November 23, 2012

In Praise of Black Friday | Laissez-Faire Bookstore

Jeffrey Tucker, writer and libertarian anarchist
Jeffrey Tucker, writer and libertarian anarchist (Photo credit: Wikipedia)
Im a firm supporter of laissez-faire economics(a.k.a "the free-market") and an admirer of Jeffrey Tucker, and while I agree with his premise on the organic nature of the "Black Friday" phenomenon, I cant help but become a bit disconcerted by the reported behavior of many of those who participate in the annual frenzy.

When did it become acceptable to thoughtlessly hurt others in one's blind quest to acquire goods, especially on the presumption of charitable giving?

Markets are the aggregate of relationships between acting individuals engaging in a mutually beneficial exchange of desired goods and services.

Once violence is introduced and becomes the norm within a relationship, that relationship can no longer be regarded as mutually beneficial, and therefore, no longer a legitimate market but instead a coercive and abusive variation of theft (unless, of course, it is the violence each party actively seeks - but thats an entirely different subject!).




I suppose it could be argued that such behavior is a natural human reaction to the stresses created by a high demand for an item of relative low supply, so what remedies or options are there for those who are unwilling to be subject to the chaos and reported shopper violence?

Some would suggest, I suppose, more regulations should be implemented to protect persons and property during this uniquely American annual phenomenon, but maybe what should be prescribed is a re-assessment of our own personal values and the subjective value we place upon the desired object in question, or....

One could simply reduce the stress of high demand / low supply by SHOPPING LOCAL.

Read Jeffrey Tucker's piece:
In Praise of Black Friday | Laissez-Faire Bookstore