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This is just one step towards getting consumers to accept what they really want to impose on us: prices that change according to the customer (https://link.spri
by autoexec 3y ago
This is just one step towards getting consumers to accept what they really want to impose on us: prices that change according to the customer (https://link.springer.com/article/10.1057/s41272-019-00224-3 https://link.springer.com/article/10.1057/s41272-019-00224-3)
Never knowing how much something will cost you, and accepting that the price you pay will be different than the price that others pay for the same item. Once we've accepted this, it'll be be much easier to get to us to accept discriminatory pricing.
Go out of your way to reject this now, or you will absolutely pay for it later.
- prepend 3y agoI remember in econ101 the professor showed the supply demand curve graph and explained consumer surplus and how it was inefficient because there were consumers willing to pay more but the supplier had to set a single, optimal price. The professor went on for a few minutes on how dynamic pricing per consumer would maybe be possible one day to realize this and how much more money would make. But he said ultimately it wasn’t fair and he was glad it was “impossible.”
- kelseyfrog 3y agoSo basically how pricing existed since the dawn of time until the creation of uniform pricing in the 1870s? What's old is new again.
- autoexec 3y agoIn the 1870s they couldn't force you to use their app to see a menu, look up how much money you have in the bank, then have that app show you prices according to how much money you have. Why shouldn't a loaf of bread coast a percentage of your income? Get a new job that pays you 20% more, all your prices just go up by 20%.
- kelseyfrog 3y agoThere's a certain narrative closure that this technology pushes capitalism across the finish line of "from each according to their ability, to each according to their need."