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Yes, exactly. Consenting adults can use contracts and agreements to restrict their later choices. Eg a farmer and a super market can contract today to trade po
by eru 2mo ago
Yes, exactly.
Consenting adults can use contracts and agreements to restrict their later choices. Eg a farmer and a super market can contract today to trade potatoes next year.
Strictly speaking, entering that contract takes away a choice in the future.
Or a car company might offer today to buy back your car in the future for a given price. If you ban that contract, they can still choose to buy back that car in the future, but the customer cannot rely on it today.
- godelski 2mo agoDo such products even exist? At the same quality? Your argument only makes sense in markets with high competition and high information. But those aren't the conditions of the markets today. You're acting like there is a company that actually provides the things people are complaining about. But people are complaining because they can't buy what they want. So stop arguing in bad faith. > Eg a farmer and a super market can contract today to trade potatoes next year. So imagine I have a contract to buy potatoes next year and they all are rotten. You're arguing "well the contract didn't specify that they wouldn't be rotten." What a shitty thing and of course the seller will be sued. There's implicit parts to the contract. Even if you hid in the contract "might be rotten" it's clear that's not in good faith. That has big externalities as people no longer trust potatoes. Which is exactly what we're seeing happening in tech...