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Okay fair enough, I know that the implication in the question
Saturday, July 11th 2020, 5:31 AM; 752; 0; +0 | 0 | -0
What does socialism have to do for this, and why would a philosophical believe the price of a successful, profitable game? From a capitalist view point that the only way the price would or should decrease is the price is too high and lowering the cost would bring about more customers and increase profit, or the gains generated inspires competitors and the cost has to be reduced to compete. Seems to suggest company is making more money than it knows what to do with. So would that equate to passing consumer savings.
But definitely believed it appeared to function. And make no mistake, I am not against Capitalism. However, most times"capitalism" is used today, it doesn't really care about principles of capitalism, and is simply parroted rhetoric coming out of big business trying to push some deregulation plans. Lol - don't get me started on Neutrality. But actually was not even trying to get political. Just really. They always will, if more can be made by a Company by providing you less than or charging you more.
It's not a political discussion - I only found it ironic that you are criticising capitalists for phoning what socialism when it is not, but then go on to discuss trickledown economics when it is not relevant here - nor is capitalism or socialism (or at least, any socialist-style system being recommended today) really relevant to pricing decisions beyond the effects of the taxation systems in the nation where the company operates. In either economic systems, a corporation will nonetheless attempt to create as much profit as possible - if it uses those profits to give back to investors, to cover employees and execs, to put money into R&D or to create NBA 2K20 cheaper is around the corporation. The pricing decision is to maximise profits, which is obviously the aim for a profit orientated company that is rational.
Okay fair enough, I know that the implication in the question you're addressing and there is no reason to consider that a firm could decrease costs for all those reasons, however trickle down economics does not say that costs will fall on the basis of an increase in profits, it is that an increase in profits will result in greater economic outcome as firms can hire more people, place more money into research etc.. The decreases in price comes to a rise in profitability and the marketplace as a consequence of new entrants. Obviously that doesn't happen and the cash is kept by the execs however, the costs of products are not expected to decrease due to the fantastic will of the provider.
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