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By encouraging price gouging, you're saying only the rich deserve these life critical supplies. I find that far more unethical than price capping.
by s73v3r_ 8y ago
By encouraging price gouging, you're saying only the rich deserve these life critical supplies. I find that far more unethical than price capping.
- eadmund 8y agoBy capping prices, you're saying only those who live near water stockpiles deserve it (because that's what price caps lead to: first-come, first-served), which means more wasted water & fewer people surviving.
- jakelazaroff 8y agoYou can solve the waste issue by rationing. But more to the point, prioritizing rich people is every bit as arbitrary as prioritizing those who live near water stockpiles.
- loeg 8y agoDo you like, not believe in monetary systems in general? This is how money works. With more of it, you can outbid people with less of it.
- spacehome 8y agoYou're 100% correct. Rationing by wealth leads to equal misery as rationing by who happened by the grocery store sooner. However rationing by wealth is the surest way to increase supply quickly.
- s73v3r_ 8y agoNot true. You can set limits on how much people can purchase. And you're assuming that more would be wasted by the first to get there, and assuming that the rich wouldn't waste any.