Johnny Boyd’s experience with Vectra Bank and banks in general says something about capitalism (“Sowing the seeds of change,” Aspen Daily News, March 11). The “good” is when companies compete for your business by offering a better product, price or service than the competition. The “bad” is that business also tries to eliminate its competition so that it can charge consumers more and reduce the need to invent “a better mousetrap.” There’s a lot of that going on now what with the world economy and the concentration of economic power. Ever wonder why gas prices always seem to be the same at whatever place you go?
Conservatives of the tea party ilk like to say that if the market were allowed free reign, capitalism would work to everybody’s benefit. That of course is nothing but surrender. Capitalism has but one loyalty and that is to investors, be they a family (i.e. S.C. Johnson, a Family Company) or stockholders. Government intervention in the form of rule making keeps capitalism’s greed in check. Without it we would end up in servitude.
There are little things we can do. Take his example of Whole Foods, which he disparages for the owner’s politics. He takes his business back to City Market. It is an honorable tradition that is part of the American ethos. He didn’t mention that many of Whole Foods products from produce to grains are not organic and differ mainly only in price from those at City Market.
I have found Whole Foods to be just plain expensive and there is an alternative. Doing our share as consumers, we owe it to the future of capitalism to shop for the best value. I have found that Vitamin Cottage, Natural Grocers in Glenwood Springs is much cheaper. For example Whole Foods avocados (not organic) sold last week at 3 for $5. Vitamin Cottage had them (organic) at $1 each. Almost always their produce is no more expensive than the commercial stuff at City Market and it’s always organic.
That’s my two-cents worth.