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Ned Yeung
@ned@mstdn.ca
bonifartius ๐ผ๐
thread oozing of collectivist envy and mindrot.
not realizing that if one follows through with their ideas they'd own nothing.
otoh at least then the bitching about scalpers would stop. people would have to be happy with their three year old "personal property" toothbrush which is going to be replaced in two years. the current five year plan is still in action after all.
QT: https://mstdn.ca/@ned/110714030169047420
"It's crazy how people get justifiably angry when scalpers buy a bunch of tickets to sell them at unreasonable prices, but when landlords do the ex...
@Pat no disagreement from me here!
people in that thread are argueing for more government regulation when government sticking it's fingers into the market is likely the cause of the problem.
@bonifartius
Neither of those (ticket scalping or housing) represent a free market, at least not in the US.
Governments protect producers of music, plays, and other live content with copyright, which creates artificial scarcity (no one else can create a performance of the work without the permission of the creators/producers.
Governments also limit the amount of housing that can be built in order to keep housing more scare and keep prices high.
In a truly free market, anyone could create performances of popular works or build houses anywhere and there would be less scarcity.