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Just because he is doing himself a disservice doesn't mean the scalpers are doing us a service.
by Androsynth 14y ago
Just because he is doing himself a disservice doesn't mean the scalpers are doing us a service.
- fusiongyro 14y agoAs worded it is implied that the scalper is doing _somebody_ a service, and I disagree with that.
- philwelch 14y agoIf they weren't doing anyone a service, they wouldn't make money.
- masklinn 14y agoOf course they don't and still do: through speculation, they're artificially taking control of the supply allowing them to re-set its price point without providing value. The tickets would sell all the same through the original provider at the original price, they just inserted themselves between the producer and the consumer (usually through brute-forcing the producer's ordering scheme) in order to extract wealth from the consumer. That's parasitism.
- philwelch 14y agoThat's pretty much impossible. If the market clearing rate is face value, scalping tickets for more than that wouldn't be viable. Do you think running a corner store is "parasitism"?