Comment on Coming to you soon...
neatchee@lemmy.world 1 year agoExcept American medication prices a) aren’t supply and demand; they involve manufactured scarcity asking other serious problems and b) are a matter of life and death in many cases; they deal with necessities
There are many things that should not be capitalist: education, healthcare, prisons, to make just a few
The pricing of funny Internet videos et al is not one of those things, and it’s frankly inappropriate to make that comparison here. You think the ethics of lifesaving medication and YouTube videos are comparable? Gimme a break
AeroLemming@lemm.ee 1 year ago
And charging an exorbitant amount of money for ad-free videos because you have a monopoly isn’t how, exactly?
In both cases, they charge what will maximize profits because it’s what consumers are willing to pay, not the actual value of the product. YouTube Premium doesn’t cost $500/mo because it’s not life-saving, but it’s still way more expensive than it should be because like patented medication, they have no real competitors.