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Well that's pretty easy. The most obvious form comes from the good old (bs) saying that 'the real price is what the buyer is ready to pay' (feel free to correc
by gear54rus 11y ago
Well that's pretty easy.
The most obvious form comes from the good old (bs) saying that 'the real price is what the buyer is ready to pay' (feel free to correct me here as to actual form of that).
Hiking up price to a drug (the shkreli story) would be an exploitation and not a 'normal economic transaction'.
So would be buying time of some poor workers in China for a dime. And then selling what they make on a 10x margin and pocketing it. There's nothing economic about that, its plain old theft (or deceit, whatever you want to call it).
There are more subtle forms, like apple spreading bs about their products being 'the best' and them having a 'vision' and then some uninformed fella buying stuff they make when its sometimes twice the price for objectively comparative product. Like always the devil is in the details.
This is all highly endorsed by the 'greed is good' model and it won't stop until we denounce it. No amount of government regulations can change it, snakes will always find a way. It's all in people's heads.
- deleted 11y ago[deleted]
- axelfreeman 11y agoBut the decision to buy this overpriced shit is made by the people and not buy the companys. This seams like bad decisions if you have not that much money or want to spent it better. The real problem are systems where rich people doen't have to buy so much taxes of automated productions or property.