What a Surprise!

Britain\’s biggest supermarket is urging the Government o introduce new laws to ban the sale of cut-price alcohol amid growing concern over the level of drink-fuelled crime and disorder.

Bollocks. Alcohol is used as a loss-leader. Stop people from competing on the price of alcohol and supermarket profits will go up: and consumerbenefits go down. This is a markedly pro-capitalist and anti-consumer measure.

7 thoughts on “What a Surprise!”

  1. “Alcohol is used as a loss-leader.”
    As far as I can tell from perusing reports you are the only commentator to spot that small but significant fact.
    So next weeks headlines are:
    “Government & Tesco’s to unite in stamping out cheap baked beans in the fight to reduce flatulence & greenhouse gasses.”

    Raspberry of the week award?

  2. Indeed, my first reaction was ‘Business in favour of Government action to reduce competition and increase profit margins – never saw that one coming’. And my only economics qualification is a B at A level in 1976.

  3. john stuart millennium bridge

    If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!

  4. “If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!”

    Indeed. All of us would benefit, not just the consumer. I’d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.

  5. Banging My Head Against A Wall

    ““If only they could loss-lead on crack cocaine, what benefits would accrue to the consumer!”

    Indeed. All of us would benefit, not just the consumer. I’d pay lower taxes for fewer police, there would be close to zero drug-related crime, and even the Afghans would be better off: Fair Trade prices for their crops and no need to use bin Laden and his henchmen as middlemen.”

    How paradoxical that the sharpest minds can churn out the thickest shit. I suggest you read Theodore Dalrymple on the subject via this link:

    http://www.city-journal.org/html/7_2_a1.html

    Tim adds: Given the fine quality of minds on display here might I just point out that crack cocaine is not made from opium: it’s name suggests as much does it not?

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