Comment by lbreakjai
3 days ago
I'm probably one of the least capitalism-minded commenters on HN, but this is a case where I'm happy to let the market sort itself out. It's not food, shelter, medicine, or housing.
I'm absolutely not convinced that the problem is as widespread as people make it out to be, outside of a few big names or events.
> Why shouldn't anything be done? Because capitalism is God?
Because it's just the system manifesting itself. There are winners and losers, and the winners are usually those with the most money.
I really find it odd to see people being this vocal for Taylor Swift tickets or Pokemon cards. If I use my capital to buy ten houses to rent, then I'm an investor. If I use it to outbid a city for electricity to feed my data center, then I'm a captain of industry. But the shiny charmander card is where people draw the line?
>But the shiny charmander card is where people draw the line?
this isn't just about trendy commercial items. Michael Sandel in 'The Moral Limits of Markets' called this 'Skyboxification'. These mechanisms like scalping affect sport events where people of different classes used to sit next to each other and where now low income earners are either priced out or delegated to the backrow. Cultural spaces that do not separate people into 'winners' or 'losers' but treat people equally are the basis of any civil society. It's where people from different walks of life come into contact.
One guy driving a nicer car or having a nicer watch than another person is fine but when you start tearing apart culture, sports, art, music you end up with well, the US of today https://www.huffpost.com/entry/what-money-cant-buy_b_1442128