[lentil_soup]

that it reduces everything including culture to just one metric, money. Are you a fan of a band? can't go because you got outsold by some rich person that maybe cares or maybe not, it doesn't matter, they just have more money that you.

The space at a concert is limited so some form filtering will have to happen, but if the only metric is market price that's a pretty sad society specially when we're talking about culture IMO

[majani]

Two big leaps in your answer: 1. that the person paying more is rich and 2. that the person paying more likely doesn't care about the band

The way I see it, it is also highly likely that the person paying more is of average income and just convinced themselves to pay more because they are superfans

[lentil_soup]

ah, I tried to avoid that leap with the "it doesn't matter" but probably didn't come across properly.

The point I'm making is that market value reduces the problem to just money which is being taunted as a magic solution, which might work in some cases but market value doesn't exist in a vacuum and it has side effects. As the topic being discussed is culture it introduces a lot of biases into society that I would find problematic.

Also, if we want to talk in pure capitalist terms, Ticketmaster is already a monopoly of sorts in the music buisiness, there's no "market value" if there's no pressure to lower prices, they can make the experience as bad as possible without repercussions other than people not going to concerts anymore which as a society would suck

[johnisgood]

Those repercussions are essentially just a form of market feedback through demand contraction, i.e. it is the inevitable result of human action under conditions of scarcity and subjective preference, a natural outcome. The market would correct itself. If no one goes to Ticketmaster, someone else could (and if there is demand (among other things), most likely will) take its place, and they will no longer be a monopoly, simply put.

[babush]

Thanks for the comment. Couldn't have said it better. Also, good point about Ticketmaster. One seller, incomparable goods.