this post was submitted on 03 Feb 2026
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A Boring Dystopia

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[–] DirtSona@feddit.org 0 points 1 day ago (2 children)

What is a gouged price? This looks like it will be a circular argument.

There is no fair price. https://dhspriory.org/kenny/PhilTexts/Marx/German/me19_247.htm

[–] BenderRodriguez@lemmy.world 0 points 1 day ago

What is a circular argument?

I just used your debate tactic against you. Just keep asking people to define things and you'll never have to make a point. It's that easy.

[–] TubularTittyFrog@lemmy.world 0 points 1 day ago* (last edited 1 day ago) (1 children)

a gouged price is a price that exceeds the fair market value, due to a short term scarcity or other circumstance, that typically can't be changed under normal circumstances.

but i'm guessing you don't want a clear definition?

a fair market price is a price set under normal market conditions of supply and demand. Where I live a fair market rent for a 1 bedroom apartment is 3,000. Maybe people find that unfair because they can't afford it. I can and I find it fair, and the vacancy rate in my city is below 1%, so 99% of people here also find that fair.

lots of people love to complain that is too much, but they are still willing to pay it. during the pandemic rents dropped a lot, due to a lack of demand and places were going for $2,000. but once it was over they went right back up again and even higher than they were before.

[–] Riverside@reddthat.com 0 points 1 day ago

fair

market value

Choose one