“I intended to begin a new life without modern technology. There would be no running water, no fossil fuels, no clock, no electricity or any of the things it powers: no washing machine, internet, phone, radio, or light bulb…
…What are we prepared to lose, and what do we want to gain, as we fumble our way through our short, precious lives?”—Mark Boyle, “Not So Simple.” Plough. July 4, 2019.
Open Question: When does capitalism become price gouging?
Strikes me that price gouging is during acute events where people with means cannot buy what they want, i.e., the price mechanism breaks badly enough that it impacts society-at-large rather than a minority. But, so long as it’s impacts a minority or is an plausibly deniable externality, it’s merely capitalism as designed.