Short Takes November 22 2018: readers have their say on the day’s news

November 22 2018 - 1:00am
Short Takes, November 22, 2018: Readers have their say on the day’s news
Short Takes, November 22, 2018: Readers have their say on the day’s news

WHY all the fuss about the closure of White Magazine (‘Magazine folds after backlash’, Newcastle Herald, 19/11)? This is simply capitalism doing what it does best – eliminating business models that are not viable. The owners decided to cater to a particular market segment (those not enamored with marriage equality). If that segment were strong enough, then those who supported the owners’ beliefs would put their money behind them. How can somebody who was never your customer “bully” your business by not giving you their custom? This is a textbook example of why government doesn’t need to regulate markets; they are perfectly capable of dealing with things themselves.