Dynamic pricing should be illegal. A price for a product should be the same for everyone and not dependant on their income, which smartphone brand they use or how much yoghurt they eat per day.
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How do they know what my income is?
If you post your order through an app or a website where you log in first, then it's not so hard for them to get financial information on you. That's why I strongly recommend against using, for example, the McDonald's app. Because they can do price fixing and you will never see it. Of course this is about grocery stores, so it takes a little more effort, but remember that they already have member cards, so all they need is a way to link those member cards to more data, and they can buy that data easily enough.
In other words, the data is already there for the taking. The question is how exactly the scam will unfold. It's going to unfold, but what will the details be? Pay attention, because it's going to happen or already is happening to you or people around you.
"If you're starving, we'll use an API with your bank to charge you $10 more than your entire net worth. In that moment we'll offer you a credit card with a 37% adjustable interest rate that only adjusts up to cover the overage (but credit card takes 6-8 business days to process, so you will go over). We'll then be left with no choice but to also process an overdraft fee on your bank account with daily penalties for the overage since you are being irresponsible.
And we'll use AI to generate a picture of everyone you love in a room laughing at you, because fuck you. By overdrafting, you triggered a clause in our user agreement (that you agreed to) which states that we can charge you whatever we think it's fair for that picture. The picture will then regenerate each month, indefinitely, on an auto subscription, unless you cancel by hand delivering a paper cancellation form to our cancellation office in Guam."
You know a much better way to do this? Government oversight on pricing of staples to prevent shit like $4 cartons of eggs and $5 sticks of butter like we had in 2022/23
Stop these companies from gouging us on products we need by making it impossible for them to get away with it.
How would that even work though?
This sounds more like a shareholder soapy titwank than a real plan.
This sounds very illegal.
"I will make it legal"
-Capitalists since before Reagan, but especially and most successfully during and after Reagan.
They've literally made political bribery as legal as ~~apple pie~~ assault rifles, you think some consumer protection laws will stand in the way of their greed?
greedy workers hoarding all their income
From each according to his ability, to each according to his need
That "to each according to his need" is the important part here. It's not going to help anyone, it's going to like pockets
Now, if the extra paid were to go to help those less fortunate. To make the community better, etc. This may not be such a bad thing.
And if the "pay more" was based solely on how much money you have, not how much you're likely to want the thing being bought.
But capitalism has to capitalism and so the extra goes to rich assholes yacht and bunker funds.
I agree to an extent, but watch out for this:
Now, if the extra paid were to go to help those less fortunate. To make the community better, etc. This may not be such a bad thing
That's what they'll claim. They'll say the people with money are subsidizing the poor single mothers with two jobs (but they'll say it in a way that makes people feel good) so that they can get reasonably priced groceries. But we all know that those poor single mothers will be paying the current margins while everyone else is paying extra that goes directly to profit those at the top.
Agreed fully. Capitalists must capitalize, especially when those being capitalized have no choice.
Getting pretty sick of being bled dry by greedy wealth hoarders who have captured the regulatory system. Looking more and more like they WANT violence.
In b4 we all start cosplaying as impoverished people to go grocery shopping.