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Baker Street Irregulars
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I think this is a huge problem.
A delivery driver for food cannot afford his own service.
An iPhone assembler in China cannot afford an iPhone
A barista cannot afford his own wages and coffees
I propose prices scale by what you can afford. At point of
sale, the price is dependent on you as a
Let's say a a coffee shop wants to sell its coffees at £3.65.
- For a barista, the price is scaled down to 27% and can buy
the coffee for at-cost only, £1.
- For a wealthy person with disposable income of £1000. The
coffee is £3.65
- For someone with disposable income of £100 the coffee is
Similar to Sliding Scale
Certainly honorable, and occasionally it even works. [whatrock, Jun 21 2020]
||The Hi-Lo Restaurant in East Oxford used to have the slogan
"from a penny to a thousand pounds". So I think they baked this.
||Cute but gameable and generates opportunities for
arbitrage. Simply register as having low income such that
everything for you is cut-price, then promise to make
purchases on rich people's behalf, taking a cut of the
spread. As long as the demographics don't force a race to
the bottom, then in a way, this could be good because it
gives poorer people an opportunity to make money, others
might argue that arbitrage is always indicative of market
failure and a waste of time when looking at the system in