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rolandog 2 days ago

I know! Greedflation is out of control. That used to be the cost of decently prized intercontinental plane tickets 6 years ago (not the cheapest!).

varenc 2 days ago | parent [-]

Greed is sort of the root of capitalism? Every entity working in their economic best interest. IMHO the problem here is Ticketmaster's monopoly status and the total lack of competition, which otherwise is the only thing applying downward pressure on prices in capitalism.

sellmesoap 2 days ago | parent [-]

People seem to have the money to burn, if people stopped buying tickets that would reorient the market. I think a good transaction in capitalism involves the buyer and the seller coming away satisfied. Right now TM supports this secondary market, because it makes them more money, people still fill stadiums. North America's wealth is filled out by the middle man, it's another feather in the cap of conspicuous consumption.