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by eropple
1332 days ago
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You're right, and this is the thing that's frustrating about the conversations here--I guess I'm not surprised that this is an audience that doesn't get it. A lot of music acts, even popular ones, were broke as hell for a long time. It is reasonable and, I think, actively laudable to want folks who are not of the Patagonia-jacket class to be able to see them live for a reasonable price. There is a point where decent people can go "y'know, I make enough money" and not seek to squeeze out every ounce of blood from that stone; those same decent people can find it objectionable that other people attempt to do so on top of it. Not everything must be profit-maximized. Sometimes things like "bringing joy" might actually be more valuable. And even if you are a meat-variant paperclip maximizer, there's obvious value into getting people who do not make onewheel-through-San-Francisco money into your music or your art. The people who currently make that money are usually older and will eventually age out. I still go see certain 90's bands every time they roll through in no small part because I saw them as a kid and I think they're fun. |
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I think we get the motivation, but what they are trying to do is not possible in a market without implementing strict rules. It is noble that a provider of a luxury, supply-limited service wants to provide it for a cost below market. It really is! But in practice it will never work because scalpers will arbitrage that price up to the real market price. If you disallow scalpers somehow, you will sell out instantly and then only lucky fans get the service, rather than rich fans. Is that any better?
If I’m a manufacturer of a very nice car and can only make 1000 of them a year, but still want to sell them for $5,000 so low income people can afford it, that plan is just not going to work. This is actually currently happening with Raspberry Pi computers. The only ones you can currently get are for higher prices on the secondary market.