Comment Re:this is great news (Score 3, Interesting) 440
Ok, keep eating that terrible bread for $0.05 cheaper because you think the invisible hand is always right.
Another straw man about Capitalism, the one about how it's only price that matters. Quality and other factors are integral to Capitalism. If your bread is of such quality that the other bread seems "terrible" in comparison and yours only cost $.05 more (in 2012 US dollars) then your bread will sell very well. The exception would be commoditized products wherein price is the prime determinant. But to be commoditized the quality has to be indistinguishable so your example doesn't work there either.
More importantly, however, is that the only alternative yet presented to "the invisible hand" is some bureaucrat(s) deciding for us. If I prefer to eat the terrible bread and spend the saved money on something else who's this guy to tell me I should prefer the other bread? Don't get me wrong, Capitalism stinks. It just stinks less than every other system implemented to date.