Remember, the reason why retail stores are experimenting with predictive pricing and digital price tags is because when we are as rich as Zimbabwe they can raise prices to keep up with hyperinflation.
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Price gouging and ripoffs have been endemic across American businesses. Since we seldom see price tags on items, customers must be vigilant at the checkout to make sure you are charged the correct amount. And you know it’s not just random error because the incorrectly charged price always benefits the store—never the customer! Glad to see at least one cheat got caught and punished. Who’s next?
The worse kind of journalism is when the company’s PR team decides on some soundbite they can feed to journalists in order to justify giving the executive a raise and the journalists just go along with it. I think the technical term for this is “CEO says” journalism. wired.com/story/mark-zuckerber…
Watching this video on why suburbs suck created by what definitely comes off to me as someone with a progressive perspective, and found this funny: "Neither progressivism nor capitalism is the villain, the actual cause is zoning" I can agree with the problem being zoning, but that certainly isn't free market capitalism. Those are progressive policies that right-wing conservatives probably also go along with. The truth is both right-wing conservatives and progressives/socialists are VERY similar in practical terms.
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The libertarians wouldn't have had any of it... and we wouldn't be in this shit today because the homeowner would have burdened the costs and that would have undermined the sales pitch far earlier. Zoning has forced up costs through things like minimum lot sizes and making division of lots costly which has reduced the availability and created insane prices for smaller lots relative to larger lots even though the smaller lots have a lower cost per household (running utilities, sewers, water infrastructure, power, etc). Things like insurance make sense, to the degree your not burdened by the risk through governmental medaling of those outside your risk pool. Governments coming in and putting the costs of insuring homes (due to the risk of having to rebuild) in places like Florida, California (Fire), and the Mississippi onto those living in less risky areas (ie people who didn't buy into a home in a flood zone, hurricane prone, tornado prone, high fire risk area, etc). If the costs were born by the risk taker (people buying homes in high risk places) these people wouldn't have bought there and most homes wouldn't have been built, because the insurance cost would have been prohibitively expensive. youtube.com/watch?v=HkoPrTQCWs…
