| > NEVER. In my LIFE. Have I seen this in action. Then show me the profit margins? If they just pocketed all the money, where did it go? > Literally every single category of product that I buy is more expensive now than when I was a kid. I'm pretty confident this is one of those situations where as soon as I start to lay out out examples, they'll immediately be dismissed, but just in case that's not true: Full price video games are WAY cheaper than they were in the SNES era that I grew up in. Factoring in inflation, even $70 games today are like half the price, or close to it. Even most digital deluxe and similar versions are substantially cheaper than SNES games were. It's way, way, WAY easier to get by with cheap or free games these days. Free games basically didn't expect in the 90s other than demo discs maybe (and those typically were still bought as part of a magazine issue), whereas now there's plenty of free games where you can just ignore the gacha/skin elements if you want, and there's a bajillion demos that can be accessed totally free on every storefront. Indie games? In the 90s, games from small development teams would still cost the full price or close to it, something like Silksong that's high quality and costs only $20 -- even at launch -- didn't exist. I remember the 90s, I remember how most middle class families couldn't really afford all that many games each year, especially in the cartridge era. People are practically overflowing with video games now in comparison, it's crazy how much easier it is to build up a huge library. Really, tons of electronics are way cheaper now than they used to be. A $1500 desktop computer in the early 90s was a reasonable mid-range price; even if you ignore inflation, you can get a perfectly capable desktop or laptop today for less than that, and if you factor in inflation, computers today are way cheaper (unless you want a high-end gaming PC). |
[ Insert set of news clips of various billionaires and their billions that they've gotten ever more of ]
> I'm pretty confident this is one of those situations where as soon as I start to lay out out examples, they'll immediately be dismissed
I mean, I'm going to take issue with these since they're all examples of video games which were, when I was a kid, an emerging medium. Like that's basic economies of scale, not to mention the cost of all computers have fallen substantially, why would video-games be exempt from that? And if you're anticipating that kind of response, why don't you pick more cut and dry examples? Groceries, rent, healthcare, childcare... Hell, try it with books. Books are CERTAINLY cheaper to produce today than they've ever been, and I'm not even counting e-books.
The cost of living has outpaced wages for decades, and the idea that "competition drives prices down" is a myth that only survives in Econ 101 classrooms and libertarian subreddits.