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<blockquote data-quote="Janx" data-source="post: 5883881" data-attributes="member: 8835"><p>I don't know if people are owed a living. I can see some valid points for an against that, such that I think it washes out.</p><p></p><p>People do have a right to try to make an honest living. And generally, they are owed the respect to compete fairly against them, and to not bully them by the funny economics of selling your products at a loss so they can't compete with you because you can afford to do so until they die.</p><p></p><p>I suspect there is more to measuring the damage a Monopoly can do than just looking for immediate harm to the customer. The Walmart Effect describes a ton of side-effects of how Walmart hurt communities, industries and ultimately employees in ways that weren't obvious when you just look at the fact that you can buy a TV for $99.99 now.</p><p></p><p></p><p>I just bought the eBook version of His Dark Materials from the Sony bookstore for $21.99. Exactly the same price on the cover of the thick, heavy paperback that my wife bought me when the Magic Compass came out in the theatres.</p><p></p><p>Something is whacked up with the industry, when a datafile that should have minimal production costs compared to the physical version costs the same.</p><p></p><p>Something screwy is going on with pricing of eBooks.</p><p></p><p>And while I would like to pay less for eBooks, I do not feel it is ethical for Amazon to bully others by under-pricing its product below cost, just because it can afford it.</p><p></p><p>I applaud technical innovations that reduce actual cost, increasing margin for the seller or allowing them to compete with a lower price than sellers with higher costs.</p><p></p><p>What Amazon is doing isn't innovating. And that ain't right.</p></blockquote><p></p>
[QUOTE="Janx, post: 5883881, member: 8835"] I don't know if people are owed a living. I can see some valid points for an against that, such that I think it washes out. People do have a right to try to make an honest living. And generally, they are owed the respect to compete fairly against them, and to not bully them by the funny economics of selling your products at a loss so they can't compete with you because you can afford to do so until they die. I suspect there is more to measuring the damage a Monopoly can do than just looking for immediate harm to the customer. The Walmart Effect describes a ton of side-effects of how Walmart hurt communities, industries and ultimately employees in ways that weren't obvious when you just look at the fact that you can buy a TV for $99.99 now. I just bought the eBook version of His Dark Materials from the Sony bookstore for $21.99. Exactly the same price on the cover of the thick, heavy paperback that my wife bought me when the Magic Compass came out in the theatres. Something is whacked up with the industry, when a datafile that should have minimal production costs compared to the physical version costs the same. Something screwy is going on with pricing of eBooks. And while I would like to pay less for eBooks, I do not feel it is ethical for Amazon to bully others by under-pricing its product below cost, just because it can afford it. I applaud technical innovations that reduce actual cost, increasing margin for the seller or allowing them to compete with a lower price than sellers with higher costs. What Amazon is doing isn't innovating. And that ain't right. [/QUOTE]
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