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I’m not sure how making a small number of cars for the ultra rich is “slippage” it sounds like value for specific buyers. You may not like people spending mone

by refurb 4y ago

I’m not sure how making a small number of cars for the ultra rich is “slippage” it sounds like value for specific buyers. You may not like people spending money on it, but you’re not the buyer. And I don’t buy the predatory advertising idea. People aren’t as stupid as you think and if they’re happy that’s value, if it’s for something you put no value on. I mean hell, Apple is clearly offering “cool in crowd” as value for their products. And clearly people buy green cars.

lmm 4y ago
> I’m not sure how making a small number of cars for the ultra rich is “slippage” it sounds like value for specific buyers. Because the rich can pay a huge amount for a marginal increase in usefulness. So you can increase prices more by delivering the same amount of value for the rich than for the non-rich. > if they’re happy that’s value, if it’s for something you put no value on And if they're not happy, just numb? An addict will pay to get their fix but it doesn't make them happy, and even they themselves would tell you there's no value or usefulness in it. > And clearly people buy green cars. Some people buy cars that are marketed as green, sure. You only have to look at the increasing pedestrian fatality rates in the US to see that there's some kind of market failure going on.
- refurb 4y ago
  Except for the pedestrians, all of your examples are just people finding value in things you don’t find value in? Again, are you saying we should prevent people from using their own money for value you disagree with?
  - lmm 4y ago
    > Except for the pedestrians, all of your examples are just people finding value in things you don’t find value in? No, unless you're defining value in some very strange way. > Again, are you saying we should prevent people from using their own money for value you disagree with? No, I'm saying we should be aware that money and value are not the same thing and our policy decisions should reflect that.

by refurb 4y ago

lmm 4y ago

> I’m not sure how making a small number of cars for the ultra rich is “slippage” it sounds like value for specific buyers. Because the rich can pay a huge amount for a marginal increase in usefulness. So you can increase prices more by delivering the same amount of value for the rich than for the non-rich. > if they’re happy that’s value, if it’s for something you put no value on And if they're not happy, just numb? An addict will pay to get their fix but it doesn't make them happy, and even they themselves would tell you there's no value or usefulness in it. > And clearly people buy green cars. Some people buy cars that are marketed as green, sure. You only have to look at the increasing pedestrian fatality rates in the US to see that there's some kind of market failure going on.

refurb 4y ago
Except for the pedestrians, all of your examples are just people finding value in things you don’t find value in? Again, are you saying we should prevent people from using their own money for value you disagree with?
- lmm 4y ago
  > Except for the pedestrians, all of your examples are just people finding value in things you don’t find value in? No, unless you're defining value in some very strange way. > Again, are you saying we should prevent people from using their own money for value you disagree with? No, I'm saying we should be aware that money and value are not the same thing and our policy decisions should reflect that.