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The Man On The Right's Lemon Stand Summary

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The Man On The Right's Lemon Stand Summary
Keerat S.

Source 1 is cartoon critical of the ideology of free market and a controlled market. The author illustrates two men running stands that involves the business of selling lemon squeezed products. The man on the left, free market, the individualist has a stand that sells lemons at a cheap price of 25 cents with a simple pitcher of lemonade and paper cups to pour in, the boy seems relatively nervous possibly because no customers are buying from him, so he can’t make money or even break even for his supplies. On the other hand the man on the right’s lemon stand has a sign that reads “$15/hour Market,” evidently, the man on the right runs his stand through government intervention because it has a concrete rate of pay written that
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With this evident it relates to the man’s facial expression which clearly shows he’s not worried compared to the free market seller on the left since regardless of what he sells that day, he will be paid, this forces the store owner to go into lots of debt because it is required to pay workers a certain amount no matter the bread that is brought in. Clearly, author is critical of both types of markets as there are aspects of each one that have obvious flaws. On one hand the free market seller has the opportunity to sell goods at a lower price whilst still making money, however when not making money, one can become worrisome because he is the sole one to lose money in the business putting an individual in debt. Controlled markets have people get paid more, however because of this, prices are higher in order to compensate all the money spent on the employee potentially putting a business owner into more debt. Relating to individualism, metaphorically the author of this source is this source criticizes individualist markets and how free one really is and at the same time criticizing the other end of the spectrum with controlled economies which in turn loses lots of money too if not lots of the product is sold because the worker and products money

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