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Yes, the whole thing seems transparently dystopic. Set aside the notion of "rich". Perhaps in a few decades it will be impossible to ever "get ahead" because w
by kylecordes 9y ago
Yes, the whole thing seems transparently dystopic.
Set aside the notion of "rich". Perhaps in a few decades it will be impossible to ever "get ahead" because with each dollar you earn, cumulatively all of your vendors will find a way to charge you another $0.99.
- paulddraper 9y agoUntil one vendor figures out they can take the market by charging only $0.98 for each dollar.
- pavel_lishin 9y agoBy this line of reasoning, every single thing for sale today is at its minimum price.
- allthenews 9y agoNo. Every single thing (excluding occasional inelasticities) is at equilibrium between upward pressure on price (vendor objective) and downward pressure on price (consumer objective).
- pavel_lishin 9y agoMy cow is perfectly spherical.
- allthenews 9y agoAll models are wrong, but some models are useful.