• Avid Amoeba@lemmy.ca
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    11 days ago

    That’s not quite true. A firm wants to sell at a higher price to a customer who can afford it but also sell at a lower price (above cost) to one who can’t afford the “regular price” but would buy it cheaper, thus maximizing profit both via margin and volume. There’s nothing socialist about it.

      • Avid Amoeba@lemmy.ca
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        10 days ago

        Comrade, socialism isn’t about reducing wealth inequality within the classes who get paid for their labour. Whether that’s labour done for a decent salary or minimum hourly wage. Socialism is about people getting paid what the businesd owners withold above what people get paid. Tackling intra-working class wealth equality is a misc matter for socialism or perhaps a communist matter that is counterproductive to tackle before we’ve gotten our surplus value back.

        E: But I do understand your point about how algo pricing can provide more product to wider parts of society by essentially flattening their purchase power and therefore real incomes. That’s actually a very interesting perspective. If we didn’t have the other problem I mentioned this could be interesting to consider as a way to distribute produced goods and services.