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by vertex-four 3585 days ago
If I really, really want to ensure that people who might not be able to afford market price can reasonably come to see my show while still making a reasonable profit, there's no mechanism under capitalism to be able to do that, because of arbitrage. I think that's sad.
1 comments
zeveb 3585 days ago
> If I really, really want to ensure that people who might not be able to afford market price can reasonably come to see my show while still making a reasonable profit, there's no mechanism under capitalism to be able to do that, because of arbitrage.

But people who can afford your artificially-cheap tickets can sell them to folks who can afford the market price, making them better-off.

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vertex-four 3585 days ago
> But people who can afford your artificially-cheap tickets can sell them to folks who can afford the market price, making them better-off.

Except that in reality they can't because other large companies and people who have this down to a business buy all your tickets first. Also, money does not actually replace not getting to see a unique show. We can see this by the fact that not everybody sells their cheap tickets onwards.

Long story short - the group of people who really wants to see the show but can't afford it, and the group of ticket scalpers, are really, really not the same groups, 99% of the time - unless all your fans are ticket scalpers. This is pretty much by definition. Why is worship of capitalism more important than a person's desire to ensure their fans can actually afford to go see them?

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