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 Originally Posted by Penneywize
No, "tax" is not the right word. From what you've said this is just an example of monopoly pricing. Monopolists ideally charge exactly each customer's (revealed, not stated) willingness to pay.
There are different ways to go about doing this but FB seems to have selected the "charge 'em a ridiculous rate and fuck the rest" route, which, barring a mass exodus as you and rilla talked about, will probably work.
No "tax" isn't the right word if we're talking in the language of economists. If we're talking in the language of the common man, tax very well could be the right word. The point of rhetoric isn't to convey truth, it's to convince people. It's just like when people say evolution is just a theory, purposefully misapplying the word theory to convince people they can easily deny the truth of it.
So a tax is a vig imposed by the gov't, and monopolistic pricing is a vig imposed by a monopoly. It doesn't seem nearly as dishonest as theory v theory.
barring a mass exodus as you and rilla talked about, will probably work.
When was this? Not that I mind, since I wouldn't mind seeing Facebook tumble.
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