Capitalism brought us such innovations as setting up a second line next to the normal line at the amusement park where you can pay more money to go sooner.
-
Capitalism brought us such innovations as setting up a second line next to the normal line at the amusement park where you can pay more money to go sooner. The ride still has the same throughput, it just lets you go sooner if you pay more.
Prioritizing the people who pay for the pass causes people in the normal line to go slower. They're not unaffected by others getting to go quicker, since the ride capacity is unchanged.
This post is actually about healthcare and housing.
-
Capitalism brought us such innovations as setting up a second line next to the normal line at the amusement park where you can pay more money to go sooner. The ride still has the same throughput, it just lets you go sooner if you pay more.
Prioritizing the people who pay for the pass causes people in the normal line to go slower. They're not unaffected by others getting to go quicker, since the ride capacity is unchanged.
This post is actually about healthcare and housing.
If the people who bought those passes were allowed to just step in front of people in the normal line, they'd get their teeth knocked out. But because it's a second line, people just think "I wish I had one of those passes". Materially though, they are just paying to skip ahead of you in line.
-
If the people who bought those passes were allowed to just step in front of people in the normal line, they'd get their teeth knocked out. But because it's a second line, people just think "I wish I had one of those passes". Materially though, they are just paying to skip ahead of you in line.
"How does it affect you if they have more money? How does it affect you if they spend it how they want?"
Well you see, we live in a shared material reality
-
"How does it affect you if they have more money? How does it affect you if they spend it how they want?"
Well you see, we live in a shared material reality
Person A has a house and a million dollars to spend on it. Person B has no house and a hundred thousand dollars. Both want to buy a house.
That house now costs more than a hundred thousand dollars because the price is set by the marginal buyer. Person A now has two houses and Person B has none.
This is according to capitalist economics, their own admission. If you think others having money and spending it doesn't affect you, might I suggest you take Econ 101?
-
Person A has a house and a million dollars to spend on it. Person B has no house and a hundred thousand dollars. Both want to buy a house.
That house now costs more than a hundred thousand dollars because the price is set by the marginal buyer. Person A now has two houses and Person B has none.
This is according to capitalist economics, their own admission. If you think others having money and spending it doesn't affect you, might I suggest you take Econ 101?
These people wanna have it both ways. They claim that markets are the "efficient" mechanism for allocating scarce goods while simultaneously pretending that there is no scarcity of any good that could cause it to be deallocated from someone due to its purchase.
-
These people wanna have it both ways. They claim that markets are the "efficient" mechanism for allocating scarce goods while simultaneously pretending that there is no scarcity of any good that could cause it to be deallocated from someone due to its purchase.
And by the way? Since Person A now owns their own house and this other house, they're gonna rent the second one out to Person B for 2k per month. So in just a few years they'll have the house *and* Person B's $100k that wasn't enough to buy the house because Person A drove the cost up. A few years after that, they'll use that rental income to fund snatching a house out from Person C as well. And so on.
But of course, Person A is just being smart with their money. If only we were all so clever.
-
A Angela shared this topic on