Re:The China tea trade was a paradox of global capitalism
by solidsnack9000 on Monday May 25, 2020 @11:30PM
(#23307138)
The arrow of causality runs in the other direction. Lower prices meet unmet demand.
When one supplier takes control of supply, that doesn't generally lead to lower prices; but expanding production -- which the British did -- certainly can.
When one supplier takes control of supply, that doesn't generally lead to lower prices; but expanding production -- which the British did -- certainly can.