this post was submitted on 03 Jul 2024
271 points (98.6% liked)

A Boring Dystopia

9747 readers
274 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago
MODERATORS
 

57$

you are viewing a single comment's thread
view the rest of the comments
[–] bufalo1973@lemmy.ml 4 points 4 months ago* (last edited 4 months ago) (1 children)

But I think it has to go way up. If it goes up but not enough then it's an expensive thing, not a valuable one.

[–] grrgyle@slrpnk.net 3 points 4 months ago (1 children)

I think it works for slightly more expensive things too. Like absent any noticeable difference we would assume that a $5 hotdog was better than a $2 hotdog.

You may be thinking of Veblen goods, which are marked up to such a degree that the high price point is the point of the purchase. It makes the product more exclusive.

[–] bufalo1973@lemmy.ml 1 points 4 months ago (1 children)

But a $5 hotdog is very expensive while a $2 one is just "a normal hotdog in an expensive place". It's the jump from the "normal" price. 2x is expensive. 10x is "exclusive".

[–] grrgyle@slrpnk.net 2 points 4 months ago

Yeah you can play with the numbers, and it all depends on the economic context.