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by Nursie
1001 days ago
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Not every action. Some festivals avoid it by requiring ID to be linked to the ticket and banning resale (though they may allow refund). It’s funny, but “extracting maximum profit” isn’t the only motivation some people have in life. Especially when it comes to cultural events. |
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[citation needed]
More seriously though, it's true that people - arguably most people - have other motivations than purely materialistic ones. But, like every market, cultural events are a dynamic system. It follows a trajectory over time.
Slightly more greedy people have better outcomes than slightly less greedy ones. The least successful get filtered out. Iterate that over time. What results do you expect?
And yes, this is a general argument of why the market first makes things better, then makes them all go to shit. And it is confirmed by real world. Exceptions involve some factors that counteract the dynamics described above. Do you see such factors at play in entertainment event industry? I don't.