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And the difference between this and "price gouging" is what, exactly?
emotion.
And the difference between this and "price gouging" is what, exactly?
emotion.
And the difference between this and "price gouging" is what, exactly?
There are laws against price gouging.
I claimed clearly that we do not do capitalism now.
I dont have a name for what this is, where the success comes not from winning in the marketplace but from the ability to use wealth to corrupt Washington and then writing the rules such that allow them to suck up all the wealth after exploiting the vast majority of Americans, both the living and the yet to be born.
Treason Maybe.
https://www.yahoo.com/finance/news/...ry-escape-hurricane-irmas-path-224013499.html
$1,300 for a seat that cost less than $200 on Monday. People helping people.:roll:
Because sending more seats either with bigger planes or more planes is out of the question right?
They could do that, but this is more profits for less work, so this is just fine and dandy!
Umm, it was definitely price gouging, and public outcry fixed it:
Airlines cap prices for Hurricane Irma evacuees - Sep. 6, 2017
Never underestimate your power as consumers, or the willingness of corporations to bend you over. At least this time they got some pushback.
Delta told CNNMoney the user had seen that price on Expedia (EXPE), not Delta's website, and the company worked with her to get a better price for her trip. Delta told CNNMoney that it never raised fares in response to Irma. Rather, the ticket prices customers are seeing are standard for booking last-minute seats amid heightened interest in flights out of Florida.
It wasn't price gouging. I know that most people do not understand this but airlines do not just sit around and decide how to price the tickets for their seats. They use computer models and software that predicts what people are willing to pay for seats. A company called Mather Economics is a big one involved with this. Airlines are expensive to run. It is important that the airlines get the maximum fare for each seat. Important to whom? It's important to keep the airline in business.
The fare in the article that you quoted was not even from Delta. It was from Expedia for a Delta seat.
That's exactly how what we call "capitalism" has operated since the dawn of the Industrial Age.
I claimed clearly that we do not do capitalism now.
I dont have a name for what this is, where the success comes not from winning in the marketplace but from the ability to use wealth to corrupt Washington and then writing the rules such that allow them to suck up all the wealth after exploiting the vast majority of Americans, both the living and the yet to be born.
Treason Maybe.
Just wanted to make sure I understood. In my mind this is the natural outcome of Capitalism. It seems a natural next step to parley financial success into political clout. That type of competitive and/or insecure person isn't going to be satisfied with the money on it's own.
If think, if anything, the "nice guy" Capitalism you seem to prefer was an impure form at best (or more likely, some variant of Socialism) as people used to be more concerned about their standing in their local community than they generally are nowadays.
Capitalism itself is amoral, as I learned it. So to my eye the good you describe had nothing to do with Capitalism. I'd even argue that Capitalism's "success" and the wide effects of that were in large part responsible for the loss of morality you seem to be describing.
No, that which destroys the assets of the society without exchanging it for better was never intended to be part of capitalism, we were supposed to be good enough people to notice the problem and to then solve the problem.
The importance of having an educated and intelligent citizenry informed by the 4th Estate served by honest and even more intelligent servants in the capital who would brainstorm and implement a solution...
That was the backstop to the errors in the plan, the plan for what to do when the system no longer served, that is to say no longer fulfilled its mandate.
We cant manage anymore.
Based on the fact that they are lowering them, I would suggest the model was wrong in this case...
And if you're suggesting that it's more important for an airline to stay in business than it is for people to be able to evacuate an area expecting a massive hurricane, well, I'm not thinking we'll find much common ground here...
Because sending more seats either with bigger planes or more planes is out of the question right?
They could do that, but this is more profits for less work, so this is just fine and dandy!
Bigger planes flown in. Paid for by whom?
The airlines. Another problem is finding enough crews to fly the aircraft because the crews need to get their families to safety.
Right. Bigger planes coming in costs the airlines more money.
Inbound flights right now are freaking empty, people.
Next problem: the bigger planes aren't created by a magic wand. You have to divert them from their regular schedule. So the flights previously planned for more seats to other destinations... what, just tell those passengers to **** off?
If it means helping people evacuate away from a "catastrophic" hurricane? Ya... Don't know about you, but if I knew my seat could help save a life, I'd do so happily. I thought you Americans were supposed to be good at this....you were at one time, what's up now?
https://www.yahoo.com/finance/news/...ry-escape-hurricane-irmas-path-224013499.html
$1,300 for a seat that cost less than $200 on Monday. People helping people.:roll: