Author Topic: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans  (Read 45279 times)

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CatoTheElder

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #855 on: February 27, 2024, 07:25:51 PM »
I'm fully aware of the existence of food deserts, but if convenient chemicals price themselves high then they create the opportunity for providers of real food to enter the market. Like I said, capitalism actually working.
"Capitalism working" is why the food deserts exist in the first place.
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Johnny English

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #856 on: February 27, 2024, 07:41:45 PM »
"Capitalism working" is why the food deserts exist in the first place.
Yes, but it can work both ways.
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CatoTheElder

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #857 on: February 27, 2024, 09:15:24 PM »
Yes, but it can work both ways.
I promise you it will not.
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Badger

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #858 on: February 27, 2024, 10:26:08 PM »
Counterpoint: it isn't. Stop considering these chemical conglomerates as providers of food and encourage them to correctly price themselves out of the sustenance market. This is a rare example of capitalism working correctly - if fast food becomes too expensive for someone to feed their children at dinner time when it's busy, they might just go and buy real food instead.
No, they'll just wait til the surge is over.

It's a excrement idea.

SixFeetDeep

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SixFeetDeep

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #860 on: February 28, 2024, 08:35:03 AM »
I saw the best “sir this is a Wendy’s” meme yesterday but it’s gone forever now
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Johnny English

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #861 on: February 28, 2024, 09:01:16 AM »
No, they'll just wait til the surge is over.

It's a excrement idea.

Until people stop treating this garbage as food it's all kind of irrelevant.
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MBGreen

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #862 on: February 28, 2024, 09:05:51 AM »
Until people stop treating this garbage as food it's all kind of irrelevant.

this will never happen
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Badger

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #863 on: February 28, 2024, 09:08:23 AM »
Until people stop treating this garbage as food it's all kind of irrelevant.
We also don't need to make up justifications for naked greed. When paid streaming services start shoving in ads to make even more money we don't say "oh well we shouldn't be watching that crap anyway."

Johnny English

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #864 on: February 28, 2024, 09:15:02 AM »
We also don't need to make up justifications for naked greed. When paid streaming services start shoving in ads to make even more money we don't say "oh well we shouldn't be watching that crap anyway."

I'm not justifying anything, I'm saying that it doesn't matter and that if people were actually interested in eating like human beings and not battery farm pigs then it creates an opportunity for that to happen.

Fast food is not sustenance and it is not essential, it is a luxury good. It should no more matter that Wendy's introduces surge pricing or that McDonalds moves to kiosk ordering than it should matter when Ford changes the options packages on the 2024 F-150. That people choose dependency on swill like this is their own failing.
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CatoTheElder

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #865 on: February 28, 2024, 09:33:56 AM »
JE handling this with all the understanding and subtlety of Paris Hilton's."STOP BEING POOR" shirt.
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Johnny English

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #866 on: February 28, 2024, 09:52:58 AM »
JE handling this with all the understanding and subtlety of Paris Hilton's."STOP BEING POOR" shirt.

Nope. Food deserts are a thing, but the causes of them are highly disputed. There are plenty of reputable studies e.g. https://academic.oup.com/qje/article-abstract/134/4/1793/5492274 that posit that food deserts are a function of demand, and that a lack of availability of good quality food is driven by a lack of demand. It therefore follows that should something happen to impact the alternative supply e.g. junk food pricing itself out of reach, demand will need to be satisfied differently.

It can't all be "evil corporations crushing people", because to believe that would be to believe that people are completely without agency and that isn't true, especially en masse. Western, and particularly American, attitudes towards food and nutrition are completely fucked up. Something needs to happen to change that, and while Wendy's charging an extra $2 for a burger at dinner time isn't going to be the catalyst for that change it certainly can be part of it.
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Badger

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Re: Stonks, Crypto, NFTs, AI, and all manner of finance/tech shenanigans
« Reply #867 on: February 28, 2024, 11:35:50 AM »


Fast food is not sustenance and it is not essential, it is a luxury good. It should no more matter that Wendy's introduces surge pricing or that McDonalds moves to kiosk ordering

1. We can still criticize sellers of luxury goods for their business practices

2. Only one of those two things is bad

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SixFeetDeep

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My dad always says he's undefeated at tailgating

Maybe it's not I who doesn't know what he's talking about

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