4 ms·
I think the article is just "here are a few things I'm aware of that are more expensive than I think they should be". There isn't any analysis of the industries
by sanderjd 2y ago
I think the article is just "here are a few things I'm aware of that are more expensive than I think they should be". There isn't any analysis of the industries they are in or the dynamics that enable them to maintain those price points.
The Verisign case is the strongest one, but even granting that, those price increases over the years look very aligned with the aggregate rate of inflation to me. (I do personally think that things like Verisign would be good candidates for public administration, but there are potential drawbacks to that as well.)
One issue is that there are people who do these kinds of deep analyses of industries and how various players in them can maintain particular price points and margins, but none of those people are fundamentally skeptical of the whole system, they are mostly Wall Street analysts or adjacent kinds of people, who don't question capitalism for a moment (it is their "water"). So on the one side we have skeptics mostly without deep expertise and on the other side we have deep expertise mostly without skepticism. It's not surprising that we don't get a huge amount of well-researched criticism of the system.