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>That sounds like supply and demand 101. I really, really hate comments like this. It gives an excuse for pure greed and you basically throw your arms up and s
by eatsyourtacos 3y ago
>That sounds like supply and demand 101.
I really, really hate comments like this. It gives an excuse for pure greed and you basically throw your arms up and say "well, it's supply and demand that's just how it works!"
There are only so many flights that can fit so many people, right? So.. instead of keeping the prices reasonable (i.e., basically the same price as other times +/- a few weeks out).. they jack up the prices because they know people want/need to fly then. So they sell out their flights at the price of their choosing- and only people who can afford (or are desperate to go over their budget) get to take flights.
'Supply and demand' isn't some mathematical law of nature that must be obeyed.. it is literally based on greed and charging as much as you can for something. If everyone had similar wealth amounts, then perhaps one can argue that's "fair enough" because it inconveniences people to a similar degree. But since we have such vast wealth inequality, "supply and demand" screws 90% of the population yet again.
- koolba 3y agoIn your hypothetical model where the prices stay flat during peak times, who gets to fly? Say you have 10x more demand than capacity for that one week. Do we pick at random? First to book? The techie who builds an automated platform to snipe the tickets? I’d argue that insisting on the low demand price during periods of high demand is pure greed on the part of the consumer. It’s like demanding a ribeye for the price of dog food grade ground scraps.