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AnthonyMousetoday at 6:12 AM1 replyview on HN

> The theory behind capitalism only works if prices are transparent and goods are transferable.

The theory behind capitalism requires people to take into account what they know when making decisions.

Suppose you have a business where many customers expect to be able to try the product before committing to buy it so the cost of paying for shipping for "free returns" has to be incorporated into the advertised price. Then you notice that a subset of customers have a better idea of what they want and never trouble you with returns, so you want to give them a discount to try to get more of their business.

That's capitalism working the way it's supposed to. The customers who consume fewer resources get to pay lower prices. But it's the thing this bill prohibits, isn't it?


Replies

thaynetoday at 6:23 AM

If capatilism was working the way it was supposed to, the customer could choose between paying more up front, but having the option of a "free" return, or paying less upfront byt having to pay for a return (or not be able to return it).

And for that matter, the customer would have enough information to know the quality of the product before purchasing, but that is often not possible.

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