nobodyspecial995
1222849
1800
46
My concern about Tire Rack being acquired by Discount Tire...
"Video Card", damnit!
Dec 18, 2021 5:45 PM
nobodyspecial995
1222849
1800
46
"Video Card", damnit!
ligmabolz
Amazon
TransAtheistMinister
That's just being smart. Nothing stopping the other guy from doing the same.
Zuegma197777
Nobody's forcing you to buy... Just hold'up.
JonatasAM
At least they're not selling it in front of the stores like the illegal ticket resellers do here in front of the ticket booth.
goforthandconquer
left drives down price to push out competition, then chooses to sell all his goods. this isn't capitalism. nor is it evil. just a witty skit
Mou5e
That's how Amazon works.
notapreppie
Discount Tire has acquired Tire Rack and now all of us autocrossers are worried that this is what will happen.
unluckyandbored
The essence of capitalism.
Redshadow09
I feel good knowing I never have to buy consoles or hard copy video games ever again. PC MASTER RACE BABY! STEAM SALES! SUCK IT SCALPERS!
scyvilyen
The attitude of the entire business environment
Kounetsu
This is a useful image for explaining pricing to business owners....
PapaSez
Every MMO auction house ever.
torp
Capitalism in a nutshell
SlayerOfGoat
That's just the economy in general.
Cyrakhis
Those fucking bridge trolls in Divinity: Original Sin 2.
KaJuN
He's doing it wrong. He should be using bots to buy hundreds of melons so nobody else has a chance to buy one.
wlfman
anyone trying to find a PS5 or XSX, I won't stop recommending a Pro Membership to Gamestop - $30 for a year - get early access and bundles..
wlfman
..scalpers won't have early access and bundles have no value to them since they can't resell games/controllers/etc. - I've gotten 3...
wlfman
...consoles from them, not just for me mind you - but that's been the most successful method
alchemist12345
Thats called a cartel.
Usainbold
nopo
*Monopolies
TheMerovingianian
Whoever bought a inflated ps5 console, I have words for you. "a fool and their money are soon parted"
Imalwaysready
Scalpers suck to be sure, but yeah--if we aren't talking generators or necessities, you don't HAVE to buy what they have at inflated prices.
Imalwaysready
I'm sorry, but if getting a PS5 is the ONLY way your kid will "have a good Christmas," then maybe reexamine your priorities and parenting?
TheMerovingianian
Yeah I've wanted one since launch. But I REFUSE to give in. I'll get one eventually, but at the price it's supposed to be at.
Isorikk
Scalping wouldn't happen if people didn't buy from scalpers so it's a two-fold problem
slotheroll
rihani3
This is not at all what scalpers are doing. It is actually more the opposite. Both melon sellers are selling out because everyone wants->
rihani3
melons. But the left seller doesn't want to raise prices to actually meet demand for PR consequences down the line. So the seller on the->
rihani3
right gets to the market early in the morning before any customers arrive and buy out all of the other sellers melons. And then he can ->
rihani3
raise the prices for the rest of the day to meet demand, since he is now the only seller that has any melons left to sell.
wandalinbowser350
this can backfire if no one wants to buy your shit but people will be people and buy it anyways
JonatasAM
Rockfeller would've been proud. Also, that's in a way what groceries do. They go to the market, buy it cheap and come sell to you at a highe
nerotep
It's the way most of retail business works, it's only an issue when it's a source or price we're not accustomed to.
MajikMessiah
Scalpers lowered their price causing retail to lower theirs then bought them out and jacked up the price?
wHatThEQuAk
That's the amazon tactic though
TheVermonster
Copied and stolen from Walmart.
bfreeze01
More like business lowered prices, created price war, bought out competition until they had a monopoly and then jacked up the price.
LuLuPennyAndOdium44
Ah you’ve heard of Publix then
Lightsmith
Not sure you can get a scalper from this.
nobodyspecial995
No metaphor is perfect.
porcupinebuttsniffer
it's completely irrelevant in this case is what you're saying... right?
Icantgoogle
None? Absolutely none? /s
rihani3
In this case, you just used the wrong metaphor. The gif is a jab at large scale traders buying up large portions of the available market->
rihani3
, sitting on it for quite a while to create an illusion of a low supply, which raises prices. And then they sell it for higher prices. ->
rihani3
The gif probably describe what GPU manufacturers are likely doing: Using available silicon wafers to produce only the larger expensive->
rihani3
models, to create an undersupply and forcing people to buy the more expensive ones.
PrinceOfWhales
Who sold all the pixels?
nobodyspecial995
The strange thing is that the video looks a lot better on my computer, imgur compressed it to hell.
senioralonzo
Fucking scalpers.
Dontstopbelever2000ismyfavoritesoap
Here's a plan: En masse refuse to buy when ticketmaster/scalpers buy up supply. 1 year of them sitting on 0 revenue will end this shit
Snooj
You'll never get a coordinated effort on a scale to make a difference.
fractal5
You want latge groups yo work together for a collective benefit? Hahahaha
Shadarim
It happens in extremely rare circumstances, like players coming together to disarm all the nukes in Metal Gear Solid V.
Shadarim
https://www.gamesradar.com/metal-gear-solid-5-players-on-ps3-finally-disarm-all-their-nukes-and-kojima-seems-pleased/
grim86
People are to selfish for this kind of solution unfortunately. Just takes a few people to break ranks.
Xelada
people won't even boycott companies that fund concentration camps and/or ISIS, what hope does your plan have?
JonatasAM
People are buying overpriced silicon boxes during a pandemic. That ship has sunk a long time ago.
unluckyandbored
Good luck convincing enough people to do that.
Leeloothedog
gamers are like junkies. they will do anything to get thier fix. that's what has allowed companies to fuck us so hard.
ninty9notout
The whole after market industry exists because promoters don't charge what tickets are actually worth. A ticket costs what fans are 1/?
ninty9notout
Unfortunately these tickets gets put on sale for $90, not $600. Scalpers see the opportunity and make a profit from it. The 3/?
ninty9notout
Business. Scalpers are the industries dirty secret. Nothing will be done about them until tickets are priced correctly 5/5.
ninty9notout
Willing to pay for a ticket. If fan buys a ticket of a scalper for $600 to see Beyonce, then a ticket to see Beyonce costs $600 2/?
ninty9notout
Promoters don't care about scalpers, they only care about sales and scalpers are the first in line to bulk buy. That's simply good 4/?
Rhythmaster
The whole reason people are mad at scalpers is because they want the product... so not being able to get the product is just lose-lose...
Rhythmaster
The reason scalpers are able to scalp is the high demand, so reducing the extremely high demand to zero is just not realistic.
HighImpactSexualViolence
Wouldn't work with Graphics cards sadly. A lot of gamers are too rabid to wait, and a lot of Bitcoin Miners will still buy above retail.
stercusmoriturussum
That's what's called a free market economy. Deal with it - one way or another.
QuamvisSintSubAqua
It's called market failure and it's one main argument for state intervention.
shakefu
How dat boot taste?
WwwhyYouNoLikeMe
We can deal with it using a guillotine
nycwill
Y'all keep saying it, but no one is doing it.
zutty
LOL retail is far from laissez faire capitalism mate
OmgOptimized
This would be like merging the main competitors into one near-monopoly, which isn't usually allowed.
AgainstMethod
It's allowed a lot more often than you might think.
stercusmoriturussum
There isn't anyone to allow (or prohibit) anything in a true free market economy.
OmgOptimized
Well I guess a true free market economy would be a terrible, terrible thing then.
ImSupposedToBeWorkingRightNow
True free market and true Marxist communism are both unfeasible for one reason: people suck. People suck so much.
michealangleo
im sorry, what utopia do you live in that this doesnt happen?
OmgOptimized
"Usually" is perhaps a strong word. But there are rules. Nvidia+ARM is a recent example that isn't finalized yet I believe.
MajikMessiah
Internet service providers are one of the exceptions
Hillhome
I maintain at this point net access should be a utility
StunttheRunt
"usually" Free market is fine but requires compression to stay free. Monopolies give control of the market to one, so not free anymore.
Dontstopbelever2000ismyfavoritesoap
There ARE times when monopolies work better (utilities, fire Dept) but that needs heavy regulation
Ironferrox
This is why any thing that can be better as a monopoly should not be a business but should be ran as a service that is regulated& subsisized
Strangedays2026
At that point the "product" or "service" provided becomes so close to a necessity to the function of society that allowing continued1/2
Strangedays2026
Operation as a privatized industry will create further conflicts of interest and effectively undermine other industries freedom. 2/2
TheHorseShesElbowDeepIn
This is capitalism. The only incorrect thing is he’d pay the other guy to keep selling melons, both at 60, for the illusion of competition.
Zombimancer
The wad of cash he pulled out is the equivalent of a "small" family loan. You gotta have money to make money.
godskook
"Capitalism" assumes a free market, which assumes that there's competitors available to put various amounts of competitive pressure on this.
Kremithe
Free Market is a subtype of Cap. Free Market is also practically unstable, as a unregulated for-profit motivation encourages *opolies.
godskook
Unregulated for-profit motivation encourages typically encourages competition more, since monopolies aren't efficient.
Kremithe
Monopolies are not only extremely efficient, but ideal for the profitmaker. Competition is great for the buyer, but sucks bigtime for seller
Kremithe
So raw for-profit motivation--Free Market--will eventually conclude to anti-competition. Other motivs need to exist, but that implies govt
AgainstMethod
Capitalism means profit goes to the Capitalists. That yields better outcomes in a free market, but it definitely doesn't "assume" one.
godskook
What messed up definition are you using? American Capitalism absolutely does. It's rooted in Liberalism per Jefferson and many others.
AgainstMethod
It's any system in which most economic activity & profit goes to capital owners. A monopoly isn't free, but it can still be Capitalist.
AgainstMethod
Liberalism assumes a free market & says Capitalism is good in that context, but they'll still call it Capitalism when the market isn't free.
godskook
Not....really, no.