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That is the pure capitalist solution. Venice is a limited resource that is not being managed well at the moment. Over harvested one could say. Adding a fee, at
by worker_person 4y ago
That is the pure capitalist solution. Venice is a limited resource that is not being managed well at the moment. Over harvested one could say.
Adding a fee, at some point supply and demand will become balanced. The city will have the max number of tourist it can handle at the max price people are willing to pay. The resource will now be managed correctly.
If the income is absurdly high, then other areas may start expanding out into the sea to provide a similar experience. Giving tourist more options. See Islands of Dubai for example. At some point enough new tourist options are opened that Venice will need to lower fee until a new balance is reached.
Thus tourist have more options and lower prices overall. Wealth has been created.
- schnitzelstoat 4y ago>If the income is absurdly high, then other areas may start expanding out into the sea to provide a similar experience. Is this the backstory for the next BioShock game?