Free-market capitalism?

Posted by Robbie53024 10 years, 10 months ago to News
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  • Posted by 10 years, 10 months ago in reply to this comment.
    Yes, competition will do that.

    Scalpers rely on demand, and their "limited" supply. Of course, only the source is limited, they actually have plenty of product (usually).
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  • Posted by Temlakos 10 years, 10 months ago
    I once saw a unique method of managing scalpers. The team (I forget which market it was) cordoned off a large spot of ground, and invited all ticket holders to come there and haggle away. A spontaneous market sprang up, similar to the New York Stock Exchange. Prices actually came down--way down.
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  • Posted by Rozar 10 years, 10 months ago
    Apparently you don't actually own the ticket, you're only leasing it.
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  • Posted by Solver 10 years, 10 months ago
    Initiation of force or fraud has nothing do to with free market capitalism.
    People who use these methods should be identified and dealt with by a very limited government.
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  • Posted by freedomforall 10 years, 10 months ago in reply to this comment.
    Damned nosey busy bodies should just shut the hell up. (Not meaning Solver's post here, but the source of the article itself.)
    Laws against scalping tickets are anti-free market and have no place in any market. The seller doesn't care, and neither does the disabled (or pensioner) buyer. If this is supposed to be a benefit to the buyer then the buyer should be free to decide if he wants the benefit of seeing the game or the benefit of cashing in on a soccer fan's irrational addiction.
    But it should be the choice only of the traders, not the 'holier than thou' looter with a cell phone camera.
    Government has no role unless there is an injured party to complain. Someone who 'feels' it is 'unfair' is not injured. The original disabled buyer of the ticket would have to come forth to complain that it was stolen for a claim against property which is one of government's very limited roles. The original seller can investigate the original buyer's claim of being disabled, but that is not likely a priority.
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