Comment by crostlybostly
1 day ago
In the name of profit is so misleading though. The reality is most people don't values a doorman enough to pay for one, and costs are now lower for everyone than they would be if doorman were around.
1 day ago
In the name of profit is so misleading though. The reality is most people don't values a doorman enough to pay for one, and costs are now lower for everyone than they would be if doorman were around.
Costs were lower for all of 5 minutes before prices of everything else adjusted to capture the surplus.
This is not how economics works. Please think through your mechanism.
The people setting the prices are not some omniscient backroom of guys smoking cigars. They are thousands and thousands of people much like you can me, competing with each other.
This is how it works. Free market forces keep the median discretionary income near zero.
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