this post was submitted on 07 Apr 2025
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[–] [email protected] 7 points 2 weeks ago (1 children)

But increases demand for used goods means the price increases for them, which means the deal isn't as good so buying new becomes more interesting...

[–] [email protected] 3 points 2 weeks ago (1 children)

I think we just invented economics

[–] [email protected] 0 points 2 weeks ago (1 children)

And we just realized how silly it is!

[–] [email protected] 2 points 2 weeks ago (1 children)

Only those that are uneducated in the miserable science think it is silly.

[–] [email protected] -3 points 2 weeks ago (1 children)

There's alternatives to the capitalist system that leads to the situation we're in right now.

[–] [email protected] 6 points 2 weeks ago (1 children)

And those systems use economists too. There are whole economic departments in universities in socialist economies studying economics. The science does not change just because the system you use to allocate goods changes.

[–] [email protected] 2 points 2 weeks ago

Yeah, I think a lot of people don't realize this. I say as I wait for my econ 101 class to start.