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> if don't think much of the questions it'd be interesting to know why you think that way. Mostly because you don't have to buy any of this. If it's that unfai
by cwalv 4y ago
> if don't think much of the questions it'd be interesting to know why you think that way.
Mostly because you don't have to buy any of this. If it's that unfair, figure a better/cheaper way to do it yourself, otherwise quit complaining that the poor ppl have it so much better
- harry8 4y agoIt ain't the poor, it's those who have the biggest barrier to going anywhere else who will get slugged, and slugged hard. That segment of the market will pay loads. Flights from New Zealand to the Pacific Islands for Christmas are legendary. Pacific islanders in NZ do not constitute the rich. You don't care whether you go to the Solomon Islands for christmas or just after? Much cheaper. But what if there are empty seats on the plane you could have sold to regular holiday makers at regular prices? Airline ticketing is one example of this - we can take the principle to so many places! Uber can do it! Anywhere the vendor has market power against a market segment they (yes me and you as vendors) want to exploit it. When the vendor know what's in your hand, your "I could walk" bluff is called and you get smashed. Every business including yours and mine wants to charge every single customer as much as they will possibly pay. Capture consumer surplus. Surveillance capitalism can help here.
- autoexec 4y ago> Mostly because you don't have to buy any of this. Maybe nobody has to buy an airline ticket, but I'm not convinced that's true. Worse, is that while you can look at the places where we know this pricing model is being used right now and think it won't impact you, the goal for many years has been to push this to everything you buy everywhere. The only thing holding them back is that most consumers feel that this is abusive and discriminatory. https://link.springer.com/article/10.1057/s41272-019-00224-3 https://link.springer.com/article/10.1057/s41272-019-00224-3 Still, it's being tested all the time, including in grocery stores. They want to use your personal income level, your personal buying habits, all of the information they can get about you, and use it to set a different price for you than the next person, but also to offer some goods and services only for certain people, hold certain policies only for certain people etc. Right now, you might be able to dismiss this when it comes to airline tickets or hotel bookings, but what we're heading toward is a caste system, several really, where "you don't have to buy any of this" will need to apply to food and toilet paper and "your kind aren't allowed to buy this" is right around the corner.