Liberal Economics
November 11th, 2008 at 8:39 am by Preston Taylor HolmesSocialist-utopian restaurant can’t survive in the real world. First bad decision? Letting the customers set their own prices.
In mid-October, employee paychecks bounced and the longtime manager was fired. Bo Dean’s dismissal angered the rest of the staff enough that they walked out in protest.
I’m surprised that the employees are even expecting pay. In a just world, there would be no such thing as paychecks and prices and purchases.
A recent review of the business showed the restaurant was overstaffed and management of employee time was poor. It never even had an employee time clock. The restaurant also had failed to keep concise records of food costs and fixed costs. All told, mismanagement cost the restaurant $8,000 to $10,000 a month, Cerreta said.
Managing employees is so, like, establishment, maaan.
She envisioned a restaurant with no menus or set prices. Cerreta, and later her chefs, would make entrees, soups, salads and desserts from organic meats and locally grown produce. Diners filled their plates with only the food they wanted and paid what they thought the meal was worth or what they could afford.
What could possibly go wrong with that plan?
As always with liberals, it’s not the actual outcome of their policies and schemes that matter – it’s all about their intentions. Just as President Hussein’s 100% tax rates will be borne of “helping the downtrodden,” it won’t matter that the country collapses. It’s all about their altruistic intentions. Remember, they hold moral and social authority over you, because they are good and you are bad. If you keep this in mind for the next four years, you’ll be ok.
November 11th, 2008 at 12:07 pm
Hippies suck!
November 11th, 2008 at 1:14 pm
But if only the Neo-Cons weren’t hogging the salad bar, it would have worked.
November 11th, 2008 at 1:52 pm
Greetings:
Moral Superiority is the Cocaine of the 21st Century.
November 11th, 2008 at 7:02 pm
Great quote 11B40. Can I steal it and give you no attribution?
November 14th, 2008 at 3:36 am
Good post.
James
November 14th, 2008 at 8:38 am
[...] could have sworn that someone was pulling my leg when I read this post over at Six Meat Buffet. No one could possibly imagine that I could be taken in by some tall tale of a socialist restaurant [...]
November 14th, 2008 at 9:24 am
11B40, that is sheer genius. I’m dead serious. It needs to be disseminated throughout the blogosphere.
November 15th, 2008 at 12:58 am
Individual freedom practiced by the owners and employees of “the set your ouwn price eatry.” The Chicago School would be proud of this free-market establishment. I just hope they don’t impose a smoking ban. Capitalism at its’ finest!
November 16th, 2008 at 1:24 am
“Karl Marx is to economists what Khalil Gibran is to philosophers. In the real world there is no Marxist program, but inside the human brain he tickles the mood centers.”
– Alexis A. Gilliland, ‘Long Shot for Rosinante’ -