Submitted by cogitator_tertius t3_ydg7ac in rva
RVAMS t1_itsypir wrote
Reply to comment by ttd_76 in Rent too damn high? Landlords have formed an illegal cartel according to several reports by cogitator_tertius
Except when there is a finite anount of tomatoes and it isn’t a consumable item. It is a commodity that you maintain and can fluctuate the pricing of. You don’t sell more tomatoes, you sell the same tomatoes you have always had for an increased price because people have to buy them, and there is no alternative.
Does the entire problem stem from a computer algorithm? No, nobody is making that argument. But price fixing can exacerbate an already fucked up economic system, which is what is happening.
The fact that you’re arguing there isn’t a problem with price fixing or monopolies is frankly fucking hilarious. Or waxing philosophical about a theoretical and completely inapplicable ‘perfect market’ to the benefit to nobody in this conversation really is some libertarian big brain play.
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