Re:Uber Reverts Back to Surge Pricing in New York After One Day
by prentis on Thursday November 01, 2012 @05:04PM
(#4729696)
Disasters are not a corner condition. Limited resources and unlimited wants is a permanent condition. Disasters just tweak the relative values of these parameters, which are reflected in prices. As always, the system adapts and re-routes the resources to where they're needed most.
Many comments in here seem to look at this problem so coldly and rationally. Anti-gouging has a deep moral component. If some of us are not trying to get one over on others of us then you can maintain a stronger community during a crisis.
If Bob's gas starts charging $15 for a gallon of gas in a crisis it will cause friction in the community between those who can afford vs. those you cannot and with the employees and owner of the gauging station.
We have also, well enough of us that laws were passed, decided as a society that its just immoral/unacceptable behavior.
Capitalism is great. It doesn't need to deal with this corner condition well to be a successful system.