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typicalrunt | 9 years ago

I do understand capitalism, the point I made was that sometimes I don't have to like it. Scalping included.

I don't need to prove my knowledge to you by pointing out lots of capitalism's flaws. Instead of reading my comment carefully, you decided to teach me about how basic supply and demand operate. Jesus, you are a self-absorbed piece of work.

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savanaly|9 years ago

I'm truly sorry if my comment affected you negatively, it wasn't my intention. I used to be an econ tutor and sometimes my urge to just type my thoughts that way comes out and I regret that it sounds like lecturing.

Anyways, why do you think that, given all that, scalping is a bad thing then? Isn't getting the goods to where they're valued most a good thing? Who's getting heartbroken here? The people who can't afford one at the market price of $600? But most of them weren't going to get one anyways because of the limited supply. If there's something to not like it's the scarcity, right?

TeMPOraL|9 years ago

A problem I see is that the reseller is getting money for creating an artificial scarcity (buying off the stock of the original seller). It doesn't feel to me like an ethical behaviour. You portray it as making an unsolicited offering to the Gods of the Market on behalf of the original seller, but I don't think many people find a positive value in that. On the other hand, compare an example situations without scalping, and with 5x scalping:

  NO SCALPING
  Original seller gets: 1x price
  Customer pays: 1x price
  
  5x SCALPING
  Original seller gets: 1x price
  Reseller gets: 4x price
  Customer pays: 5x price
This is simple leeching. Customers pay 5x the price they could have, the seller gets still just the original amount of money. I think the situation is strictly worse than without scalping.

There are other arguments for and against to be made, but I think this one is enough to see why many people - myself included - find this practice distasteful and antisocial.

matwood|9 years ago

Your comment was fine. Too many people do not like scalping because it 'feels' unfair. Unfair is defined as buying said limited quantity item when they want at the price they want. It also touches into the very present class warfare undertone that is so prevalent right now. "Some rich person can go get one for $500 without (waiting in line|getting up at 4am|etc...), but I can't."

Personally I like scalping because I can almost always buy what I want as opposed to no option. It has always worked out well for tickets and items.

paraiuspau|9 years ago

It's a rare thing to have someone actually apologise online - have an upvote.