HotAir 20 Jul, 2021 14:15 am

Selling merchandise isn't capitalism, you know – HotAir

Selling merchandise isn't capitalism, you know – HotAir
Sold out.

Ocasio-Cortez had to invest some money — capital, if you will — into this venture to get it started, right?She made a free-will choice to risk some capital into a venture that produces goods, merchandising that she hopes will fetch a price in the market that will at least cover the manufacturing costs and produce enough over that baseline to fund her political campaigns.Alexandria Ocasio-Cortez (D-NY) yesterday after news reports about her launch of a merchandising operation that trades on her notoriety for fundraising — Alexandria Ocasio-Cortez (@AOC) July 19, 2021 Is this capitalism?

Ocasio-Cortez put her capital to work in a business she selected on the basis of meeting perceived demand in the market.In fact, the entire purpose of merchandizing is to capitalize on a popular concept, or in other words, to draw out its value in cash.

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