Originally posted by squidpants:
Sarcasm or not, you can't say $6 for Yuengling is fair, dude.
it was sarcasm, and actually i do think it's fair. as a general principle, you don't get more anti-consumer than price-fixing. moreover, regulation of business pricing is only necessary where there is market failure, and once you start regulating, well, that opens up a whole can of worms that ultimately takes the control out of your hands.
in other words, it is fair because the consumer decides whether the price will function or fail. consumers stop buying beer, consumers eventually will pay less for beer. consumers keep buying beer, then they have deemed the prices to be acceptable. the supply/demand model may not be representative of you, your values, or those of the people around you. but it isn't meant to be. think about all the crap that gets played on the radio. we (a lot of us) listen to it and think, "are you f*cking kidding me?" but they are playing it because people are consuming it, and so long as they do (whoever they are), advertisers will pay the price for spots to reach them. if the advertisers stopped paying because the audience wasn't there, radio would be forced to adjust its programming. right now, people are listening, so ladies and gentlemen, we have good charlotte.
economics isn't sexy, but it is usually pretty logical, and our system allows the consumer-at-large to set the pace. what is more fair than that?