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"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Wednesday, May 19, 2010

Panera Bread wants to try socialism and I'M ALL FOR IT!

Recently Panera Bread announced it is opening a "pay-what-you-want" store in Clayton, MO. The idea is folks will go in, get their food, then pay what they feel is a fair price for the items.
The national bakery and restaurant chain launched a new nonprofit store here this week that has the same menu as its other 1,400 locations. But the prices are a little different — there aren't any. Customers are told to donate what they want for a meal, whether it's the full suggested price, a penny or $100.
I am completely in favor of Panera doing this. Because I believe in the free market, I support their right as a company to run their business as they see fit. If they want to take the chance of losing-let them. As long as the government didn't force them to do it, it's within their rights to stand or fall as they please. There can be no government bailout if they lose though, that's part of the gamble

It is important to realize this actually isn't socialism at all. This would be the opposite of socialism. This would be a shining example of capitalism, the free market, innovation and free will. Socialism is when the government forces a company or individual to act a certain way. Socialism is the government deciding who gets what and how a business operates. Socialism is the absence of free will and innovation.

Some express concern prices at the regular retail stores will rise as a result; that could happen. This is how the free market works. If prices rise as a result of their decision to operate a "paygo" store, so be it. You always have the choice to dine somewhere else. You don't have a RIGHT to dine at any restaurant, you have the ability. If you don't like the prices or the food or the atmosphere, go somewhere else. Simple.

I support Panera in this effort. If they are successful, great! If they fail, that's great too.....therein is the beauty of America. Here, in America, you have the right to stand or fall, fail or succeed, do or not-all on your own. When the government stays out of it, there is no better model on the planet.