There's a whole greedflation-denial cottage industry that insists that rising prices are either the result of unknowable, untameable and mysterious economic forces, or they're the result of workers having too much money and too many jobs.
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Jack
in reply to Cory Doctorow • • •I failed my ECON 101 final exam because I refused to learn (or even memorize) the mental gymnastics the textbook preached about how "price discrimination is good, actually!"
It would take a highschooler with one social studies course under their belt (or literally anyone who actually lives in poverty) to understand how backwards the logic is for justifying this crap.
The Casual Critic
in reply to Jack • • •@technotion I remember being in an Econ 101 class at uni as part of environmental economics, being shown basic price/demand curves, and asking what was going to happen to the people below the supply/demand intersection. And the answer was "that's not really what the theory is about".
And that was that and we moved on. I mean, fine if it's champagne, but we're talking bread, fuel and shelter here.
A.Z. Device |
in reply to Jack • • •Cogito ergo mecagoendios
in reply to A.Z. Device | • • •John Griffith
in reply to Cory Doctorow • • •"So step one of this process is to ban commercial surveillance."
Excellent essay
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