Is scalping unethical?

Is scalping unethical?

Note that scalping specifically refers to buying up all of something to create artificial scarcity and sell it for a higher price, not to all instances of reselling.

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If people are dumb enough to pay over retail for something currently in production and readily available from the official website and retail stores that's on them.

yes
unless you do it accidentally

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Yes, because if you're a dumb fucking Nincel you deserve to be abused.

its like buying stock shares but it's in physical form

>for something currently in production and readily available from the official website and retail stores
What if that's not the case because scalpers successfully got all of them and a certain global pandemic is preventing production?

Supply and demand. If there is demand, there will be a supply. If people don't want scalpers to exist, they should stop spending 2x the price for shit that they can get if they wait another month or two.
The only time I can see it being unethical is if there is a limited stock of an item that will never be produced again or if the item is necessary to survival/ensuring a healthy quality of life such as air conditioning or medication.
In all other situations, pretending like the consumers are obligated or forced to buy anything is retarded. Don't spend 600 bucks for a Switch just because you don't want to wait for a new shipment.

It's a pretty shit thing to do, but people are free to do what they want. I think my earliest introduction to mass scalping was grown ass adults buying up all the tickle me elmos so they could sell to some desperate parents that are just trying give their kids a good christmas. I'm less bothered by people who do stuff that affect other adults, but I think thats pretty low when you mess with stuff for kids.

>unethical
No but I have a feeling I wouldn't like the type of person who does it.

jej

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>If there is demand, there will be a supply
Are you literally a retard?

lol

I would like to see their garage of unsold shit, because nobody will pay extra unless you are ultra onions.

I bought a switch for 400 bucks. None of the retailers within 200 miles of me had any.

It's based. I bought 100 switches in feburary and every few weeks have been livestreaming the destruction of one with a hammer.

The crying in the chat is always gold.

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scalping is an easy to understand example of how some people extract value from a system making everyone doing real work worse off
They do exactly the same things in financial world on a million times larger scale

Maybe if it's something like a relatively rare, or even one time, event like a concert or a sporting event but a product that is manufactured in the millions and will continue to be manufactured for as long as people want it? Nah. That's just taking advantage of retards who can't wait a couple of weeks t get their precious toy and will pay a stupid premium to have it now.

It's an inevitable consequence of price fixing. Can't really say whether it's ethical or not without context, it depends on what the money is used for. It's definitely rent seeking which is economically useless for the community in and of itself, but if the money is used to rear children or something like that, I'd say overall it's not unethical.

taking advantage of the retarded is pretty unethical

post your channel coward

Actually yes but unless it's something actually important like medical supplies like we saw when the lockdowns first starting going on no one will do anything because it's not profiteering.

Price fixing is illegal. The recommended retail price is exactly that; just a recommendation. You aren't actually obligated to sell it at that price at all.

what's the difference between buying a ton of copies of something from a retailer and buying a ton of copies of something from a distributor through a vending account?

Scalping made me $16k in video game codes. If people have the money let them

Yes, scalping, and pretty much any effort to create a middleman in a direct trade, is entirely unethical.

>unethical?
Yes
>Good business
Also yes

you fucking wait for the production to get to a point where you can get one easily, and don't tell me that won't happen. Unless its not in production anymore, shit's gonna keep getting pumped out.
>t. board game FOMO

agreement to sell at specific price
Vendors dont buy with the intention of storing a product for 20 months hoping it'll rise in price because the item has limited supply.

People who purposely scalp are subhuman. Imagine buying all those and best case make like a 20% profit after a few months of trying to sell them all for a markup needing to slowly lower the price as people find them for better prices online and make less and less for just being a ass hole

They're retarded because they are impatient and greedy. It's fine to take advantage of that. An enormous part of the legitimate economy is based on charging a premium for first access. Kind of like you can pay $60 to play a game at launch or you can wait a few months and pay significantly less. It's the same game but with a radically different price. All you are doing is paying extra to play it sooner.

I'm not saying it's considered price fixing legally. If the shops willingly refuse to go above MSRP despite being unable to meet demand, that's still price fixing in an economic sense.

unless you hate capitalism, it's objectively not

It is a dick move, but unless the item you're scalping is a necessity like food or water its fine.

I wouldn't say it's unethical but it is a shitty thing to do.

You wouldn't want someone doing it to you so don't do it to others.

>its fine to be a leech that steals money from others
I dont see how that improves your life to hold that view unless you're planning on being the leech