Comments 200

Re: Teenager Hits $1.7 Million In Revenue During Pandemic Reselling Pokémon Cards, Game Consoles And More

mantez

@Matt2018 ableist terms are not necessary and I never said you should buy from scalpers. In fact you shouldn’t.

It makes perfect sense

When supply exceeds demand you have an abundance. To move stock in abundance prices are lowered (put on clearance).

When supply doesn’t meet demand you have a shortage. Prices go higher because those may want/need the items for whatever reason and are willing to pay more. Scalpers pray on this as they buy up the already limited supply which increases demand and price further. This can also be manipulated by business to increase profit. (Nike destroying shoes for example)

Re: Teenager Hits $1.7 Million In Revenue During Pandemic Reselling Pokémon Cards, Game Consoles And More

mantez

@CactusMan You do you know that the US interfered with Venezuela. Venezuela is used a scapegoat for people with no understanding of what’s going or wanting to cling to their ignorance.

It’s hardly a pipe dream things change. I’m sure supporters of feudalism said the same kind of things to capitalist back when capitalism was trying to take hold. Capitalism failed many times.

Capitalist and scalpers exploit supply and demand. Because controlling the supply increases demand which increases profits
Having an abundance doesn’t create profit people get disinterested in products they can buy at anytime. Limited editions that aren’t limited have little resale value.

Psycology plays a part too. How many people want something because it’s limited. If it wasn’t limited would you really want it?

Re: Teenager Hits $1.7 Million In Revenue During Pandemic Reselling Pokémon Cards, Game Consoles And More

mantez

@CactusMan it’s about who owns the means of production. Private enterprise for purpose of profit (capitalism) or the people to serve the people (socialism)

Capitalism is not immune from reverting to feudalism (as it happened many times) or the church returning as the state.
Just as socialism can revert to capitalism as evidenced by the gdr and the ussr. Capitalism can also descend into fascism. Usually will happen when the ruling class feels threatened. The us is showing symptoms of this (banning protesting. Spreading propaganda. Building military forces)

Capitalism negated feudalism, socialism negates capitalism, communism negates socialism.

It’s socialism or barbarism!

Re: Teenager Hits $1.7 Million In Revenue During Pandemic Reselling Pokémon Cards, Game Consoles And More

mantez

@TrueWiiMaster the Soviet union invented interlace video, Led pretty much all space and satellite tech and underwater welding all these having some relevance to video games. Plus Nuclear power plants, organ transplant, blood banks and whole lot of other stuff I can’t remember at the moment.

Cuba has on their own invented a vaccine for lung cancer. 5 covid vaccines 1 released 4 others in stages of clinical trials. Promising research in other cancer treatments. And treatments for foot ulcers on diabetic patients to prevent.
These are just a few examples.

Capitalism did not make the iphone. The iphone was made by peoples labour from the engineers who worked together to figure out the layout of the electronics to the coders who wrote the firmware and the operating systems and apps. The people who mined the cobalt the silicone the gold the steel the aluminium the artists who designed the logos The workers who assembled them. The people who profit the most are the shareholders who probably don’t even know how to turn on a iphone.

Capitalism is an exploitative system. My cake analogy stands. Capitalists buy the ip rights to public/socially developed technologies and merge it with some other already existing tech and call it innovation.

It’s Like someone Buying a pre made cake, a can of icing and some smarties slapping it together and calling themselves a baker.

Thens there’s the buying up of patents to shelve the competition.

Video games have not innovated because of capitalism. Video games use the same tech as computers the video game industry grows as the computing industry grows. The current stat of the video game industry is hardly innovative anyway. Most releases are remakes or remaster or full of micro transactions and palette swaps. Then there’s the day one dlc unlock codes and paid subscriptions.

Then there’s cpu core binning, locking off access of certain hardware and while there are legit reasons for some of this. A lot of the time it they want you upgrade to next model because they need you to consume, consume, consume.

It’s the reason you’ll wont get the right to repair. They don’t want you to repair. They want to capitalise on you buying a new one. Remember consume, consume, consume.

Re: Teenager Hits $1.7 Million In Revenue During Pandemic Reselling Pokémon Cards, Game Consoles And More

mantez

@TrueWiiMaster No what we have now is from Industrialisation. The internet was built in the public system by universities funded by taxpayers and sold off to capitalists to profit.

Steve jobs didn’t invent the touchscreens in iphones and other devices they were developed by the department of defence.
Sold off for significant less that what was put it to the development.

Remember what google was when it started as a search engine?

They added a layer of icing to a store bought cake and call it innovative.

Capitalism doesn’t breed innovation it exploits it.

Necessity is the mother of all invention and innovation comes from the the sharing of ideas and people working together.

Capitalism sucks, scalpers suck and this kid will probably be a future leechlord.