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re: Coronavirus price gouger stuck with 18,000 bottles of sanitizers after Amazon bans him
Posted on 3/14/20 at 5:42 pm to rickgrimes
Posted on 3/14/20 at 5:42 pm to rickgrimes
Good. What a piece of shite.
0
Posted on 3/14/20 at 5:42 pm to Pecker
Pecker
Appropriately named
Appropriately named
Posted on 3/14/20 at 5:43 pm to Crimson1st
quote:Sounds like the free market did police this. Amazon doesn't seem to believe that allowing this guy to operate on the platform is a net positive for their brand.
I feel the free market should policy this aspect of the free market in that if an entity "gouging" doesn't check themselves, when things return to more normal times, their reputation should suffer to prevent things like that in the future.
Posted on 3/14/20 at 5:58 pm to OKBoomerSooner
quote:
Does this actually happen though? I would be surprised if anybody except a couple of local people even remembered this guy in a year, and he's been nationally named and shamed. I don't think the public is all that conscientious about these things once the crisis is over
I guess I'm speaking more along the lines of establishments gouging and the government coming after them with price capping laws. I just don't think that's the role of the government in a free market economy. We're either gonna run it as a free market or not. The camel's nose in the tent is generally a bad thing. As far as individuals such as the OP highlighted, they can try to see a widget for what a widget brings. I don't think a company should discriminate based off an arbitrary deeming of what qualifies as a crisis and a corresponding higher pricing of a good. Either the widget sells for the seller's asking price or not. If someone is willing to pay the price...so be it.
Of course I don't care for folks taking advantage of others in this situation but I don't make the rules and a seller of a "hot commodity" shouldn't be punished for getting out ahead of things, stocking up, and making a profit.
This post was edited on 3/14/20 at 6:00 pm
Posted on 3/14/20 at 6:08 pm to RealityTiger
quote:
You’re all over the place,
Absolutely not. There's nothing wrong economically with what he did. If typure big on morals that's a separate issue.
Posted on 3/14/20 at 6:11 pm to bayoubengals88
quote:
If the stores would have increased prices appropriately people like him would not exist. His venture would have been made impossible.
Price gouging is not real. It’s a necessary component of capitalism so that all who need a product can have access to it.
Capitalism loses when people like this operate within the system. Capitalism works for people who choose to be moral with their free will.
Posted on 3/14/20 at 6:14 pm to tiggerthetooth
quote:
Capitalism loses when people like this operate within the system.
From an emotional point of view, yes. Practically, no.
Posted on 3/14/20 at 6:14 pm to rickgrimes
quote:
Now, while millions of people search in vain for hand sanitizer to protect themselves from the spread of the coronavirus, Colvin is sitting on 17,700 bottles of the stuff with little idea where to sell them-
total BS, he can just put up a sign on the side of the road and sell out of that stuff in just a few hours as soon as word spreads
Posted on 3/14/20 at 6:22 pm to keakar
Posted on 3/14/20 at 6:24 pm to keakar
quote:
total BS, he can just put up a sign on the side of the road and sell out of that stuff in just a few hours as soon as word spreads
He'll get jacked.
Posted on 3/14/20 at 6:28 pm to keakar
quote:
total BS, he can just put up a sign on the side of the road and sell out of that stuff in just a few hours as soon as word spreads
Not here. Not now.
People are seriously talking about physical violence and just taking his stuff.
He is scared. Now he is talking about donating it all. This backfired in the worst way for him.
I cannot believe he posed for photos. How stupid can you be? Did he think people were going to feel sorry for him?
Posted on 3/14/20 at 6:58 pm to rickgrimes
frick him and the TP hoarders
Posted on 3/15/20 at 11:38 am to GRTiger
quote:
Just create a new account and sell at a modest markup.
Amazon and PayPal have people who find stuff like that very quickly and block the new accounts.
Posted on 3/15/20 at 11:53 am to keakar
quote:
total BS, he can just put up a sign on the side of the road and sell out of that stuff in just a few hours as soon as word spreads
+1.
This is all dramatics.
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