Owyn_Merrilin said:
Trust me, as a US citizen, I know that XD
It's just a sad truth; we're not the shining city on a hill anymore. The post-Reagan conservative movement put an end to that -- Richard Nixon was more liberal than most modern democrats.
Aye, and it's that we couldn't be that proverbial city on a hill, it's just that we act like we are when we're not.
The source of the problem is multifaceted:
Incompetent leadership stemming from an incompetent, impractical culture combined with political apathy from an overworked, paranoid, and quite frankly stupid population.
I have no idea how far the rabbit hole goes, but there seems to be an endless supply of hare-brains popping out and running for office. Over HALF of the governors I've seen in my lifetime end up in jail for shit they did during their term in office (Illinois Politicians ladies and gentlemen!)
By the way, thank you for actually knowing about supply and demand curves. Most people on these forums seem to think the supply side is the only side that has any say in anything to do with economics, especially when it comes to the price of goods, which is just completely wrong.
I see a lot of nonsensical arguments amounting to "Since games are luxuries, they can overcharge all they want. Deal with it." which doesn't make ANY sense if they're arguing from the point of a business looking to make the most money.
Each market has a complicated series of variables, but they ultimately end up leading to the Marginal Cost (barring Monopolies/Oligopolies, but those can fail too if people get fed up with them and do without). Charge too much, and you move away from the marginal cost.
(conversely, charge TOO LITTLE* and you don't turn a profit.)
"Overcharge" in the economical sense is a bad thing, and not just for the consumer.
It's why I facepalm whenever one of those publishers tries to justify more covert price hikes or other money-making schemes when they should be looking for ways to dial-back on the costs for the most superficial stuff.
They need to stop pushing the market to pay more.
Eventually, people start taking notice of that shit, and they WILL stop buying if they don't feel they can trust the publisher. I cannot imagine how much damage ME3 did to Bioware's reputation and consumer confidence; Filing complaints to the FTC no less!
Justified or not, those people were PISSED!
(and now I must pay penance for bringing up THAT tired old topic)
ASIDE: About Sales/Discounts
(For those of who are wondering: Game Sales are designed to generate interest in a title or series, and get word of mouth going again to create sales after the discount. For video games, this works by having supply temporarily move their market price closer to their fixed costs for that good. Since costs for any given supplier can vary, this can be a positive OR negative amount of net revenue made per unit.
Therefore:
"Selling more" does NOT automatically equate to "Generates more profit" for that sale period, and conversely, "Pricing less" does NOT automatically equate to "Taking a loss".)