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Subject:	Re: Honest Capitalism (Was Re: DYA -> eBay 8880 money-making scheme)
Newsgroups:	lugnet.market.theory
Date:	Wed, 8 Sep 1999 16:36:02 GMT
Viewed:	1132 times

Richard Franks wrote: > other person turning around and selling them for a profit. A system where the > sets go to those who want to play with them, rather than a system where the > sets go to those who are able to pay the most for them. > > Richard I agree that the sets should go to those who want them the most. The only way for people to prove that they want it the most is to pay the most. Money calibrates ones desires in a quantitative way, at least when the people involved have the same order of magnitude of wealth. The same thing happens when you have to choose between two items of similar cost. The one you want the most is the one you buy. KL

Message has 1 Reply:

		Re: Honest Capitalism (Was Re: DYA -> eBay 8880 money-making scheme)
(...) Right but same order of magnitude isn't the real world. Can you really claim that Larry wants that seventh Metroliner more than the ten year old who's saved up $160 but just can't manage $350? I suspect a normal ten year old saving up $160 has (...) (25 years ago, 9-Sep-99, to lugnet.market.theory)

Message is in Reply To:

		Re: Honest Capitalism (Was Re: DYA -> eBay 8880 money-making scheme)
(...) I agree that it is a fair price for you. Maybe my last line should have read "..not providing a service to all Lego Fans." As that includes those that aren't able to afford winning an auction. (...) Entitled.. in a Capitalistic sense yes. (...) (25 years ago, 8-Sep-99, to lugnet.market.theory)

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