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	<title>Comments on: Opportunism and the free market</title>
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	<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/</link>
	<description>&#34;We know what happens to people who stay in the middle of the road. They get run down&#34; - Aneurin Bevan, 1953</description>
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		<title>By: MOGmusic</title>
		<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/#comment-671</link>
		<dc:creator><![CDATA[MOGmusic]]></dc:creator>
		<pubDate>Mon, 20 Oct 2008 09:37:58 +0000</pubDate>
		<guid isPermaLink="false">http://thoughcowardsflinch.com/?p=399#comment-671</guid>
		<description><![CDATA[The pricing of tickets on secondary marketplace websites such as seatwave is defined by market forces, pure and simple.  The fact that some tickets are sold at over face value is more than counteracted by the thousands of tickets that are sold at face or less than face value.

Some research on seatwave and other secondary marketplace ticket sites shows that a frankly tiny percentage of tickets are sold significantly above face value, however the ones that are obviously get a lot more media coverage as these are the concerts that attract mass media attention.  If you spend an hour (as I have in the past) looking at such sites you will find that there are many many more performances with tickets that are cheaper than face value.

As such these sites, such as seatwave and to a lesser extent smaller sites like viagogo and getmein provide a valuable service to distribute tickets for thousands of performances between genuine fans in a guaranteed and safe environment.]]></description>
		<content:encoded><![CDATA[<p>The pricing of tickets on secondary marketplace websites such as seatwave is defined by market forces, pure and simple.  The fact that some tickets are sold at over face value is more than counteracted by the thousands of tickets that are sold at face or less than face value.</p>
<p>Some research on seatwave and other secondary marketplace ticket sites shows that a frankly tiny percentage of tickets are sold significantly above face value, however the ones that are obviously get a lot more media coverage as these are the concerts that attract mass media attention.  If you spend an hour (as I have in the past) looking at such sites you will find that there are many many more performances with tickets that are cheaper than face value.</p>
<p>As such these sites, such as seatwave and to a lesser extent smaller sites like viagogo and getmein provide a valuable service to distribute tickets for thousands of performances between genuine fans in a guaranteed and safe environment.</p>
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		<title>By: David Semple</title>
		<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/#comment-670</link>
		<dc:creator><![CDATA[David Semple]]></dc:creator>
		<pubDate>Sat, 18 Oct 2008 16:23:58 +0000</pubDate>
		<guid isPermaLink="false">http://thoughcowardsflinch.com/?p=399#comment-670</guid>
		<description><![CDATA[You misunderstand. If I said they &#039;should&#039; cost £30, what I meant was &quot;they originally cost £30 pounds&quot; according to the price on the ticket itself.

The supply of tickets at £30 is reduced by ticket touting. It is reduced by all those practices which allow ticket touting to exist. The amount of tickets available at £30 to general fandom is decreased by people purchasing or acquiring multiple tickets and hanging on in order to hike up the price.

If touting was outlawed and ticket selling practices were tightened, then by definition more people would be able to purchase tickets at their original price. Not everyone will see the concert because a venue can only hold so many people - but at least we wouldn&#039;t be predisposing attendance in favour of those who can afford £180 against those who can&#039;t.]]></description>
		<content:encoded><![CDATA[<p>You misunderstand. If I said they &#8216;should&#8217; cost £30, what I meant was &#8220;they originally cost £30 pounds&#8221; according to the price on the ticket itself.</p>
<p>The supply of tickets at £30 is reduced by ticket touting. It is reduced by all those practices which allow ticket touting to exist. The amount of tickets available at £30 to general fandom is decreased by people purchasing or acquiring multiple tickets and hanging on in order to hike up the price.</p>
<p>If touting was outlawed and ticket selling practices were tightened, then by definition more people would be able to purchase tickets at their original price. Not everyone will see the concert because a venue can only hold so many people &#8211; but at least we wouldn&#8217;t be predisposing attendance in favour of those who can afford £180 against those who can&#8217;t.</p>
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		<title>By: adrian</title>
		<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/#comment-669</link>
		<dc:creator><![CDATA[adrian]]></dc:creator>
		<pubDate>Sat, 18 Oct 2008 16:16:34 +0000</pubDate>
		<guid isPermaLink="false">http://thoughcowardsflinch.com/?p=399#comment-669</guid>
		<description><![CDATA[Eh?

You are the one who said they should cost £30, not me. It&#039;s in your article.

The supply of tickets isn&#039;t reduced by charging £180 for them - assuming the market clears. Reducing the ticket price to £30 will not increase venue sizes and it voluntarist nonsense to suggest otherwise.

I&#039;m not defending ticket touting - I&#039;m asking you what the alternative means of supply would be. You obviously cannot answer.]]></description>
		<content:encoded><![CDATA[<p>Eh?</p>
<p>You are the one who said they should cost £30, not me. It&#8217;s in your article.</p>
<p>The supply of tickets isn&#8217;t reduced by charging £180 for them &#8211; assuming the market clears. Reducing the ticket price to £30 will not increase venue sizes and it voluntarist nonsense to suggest otherwise.</p>
<p>I&#8217;m not defending ticket touting &#8211; I&#8217;m asking you what the alternative means of supply would be. You obviously cannot answer.</p>
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		<title>By: David Semple</title>
		<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/#comment-668</link>
		<dc:creator><![CDATA[David Semple]]></dc:creator>
		<pubDate>Sat, 18 Oct 2008 15:45:33 +0000</pubDate>
		<guid isPermaLink="false">http://thoughcowardsflinch.com/?p=399#comment-668</guid>
		<description><![CDATA[It&#039;s not that the tickets should cost £30. That&#039;s a different conversation which will ultimately founder upon the division wherein I am a socialist and you are a capitalist.

What I&#039;m objecting to is the practice of reducing the supply of tickets via the normal manner at the normal price, then adding massive surcharges which push out people who can&#039;t afford the extortionate price of £180 to see a concert that might otherwise have cost them £30.

In this objection I&#039;m operating within the parameters of capitalism, and within the parameters set by the fact that each performer sets their own concert dates and each venue can only hold X number of people. The only measure that needs be taken is to increase the supply by making illegal the practice of ticket touting.]]></description>
		<content:encoded><![CDATA[<p>It&#8217;s not that the tickets should cost £30. That&#8217;s a different conversation which will ultimately founder upon the division wherein I am a socialist and you are a capitalist.</p>
<p>What I&#8217;m objecting to is the practice of reducing the supply of tickets via the normal manner at the normal price, then adding massive surcharges which push out people who can&#8217;t afford the extortionate price of £180 to see a concert that might otherwise have cost them £30.</p>
<p>In this objection I&#8217;m operating within the parameters of capitalism, and within the parameters set by the fact that each performer sets their own concert dates and each venue can only hold X number of people. The only measure that needs be taken is to increase the supply by making illegal the practice of ticket touting.</p>
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		<title>By: adrian</title>
		<link>http://thoughcowardsflinch.com/2008/10/18/opportunism-and-the-free-market/#comment-667</link>
		<dc:creator><![CDATA[adrian]]></dc:creator>
		<pubDate>Sat, 18 Oct 2008 15:30:47 +0000</pubDate>
		<guid isPermaLink="false">http://thoughcowardsflinch.com/?p=399#comment-667</guid>
		<description><![CDATA[&lt;i&gt;There is simply no mention of the fact that tickets which should cost £30 are being sold for £180 via these companies like Seatwave.&lt;/i&gt;

Why *should* they cost £30?

These are interesting arguments but if the left&#039;s answer is that the price should be lower there then needs to be some other way of rationing access - as we cannot all fit in the venue.

Die hard fans, and not wealthy ones either, might argue that paying more to see their hero is better than paying less but never getting in because the odds in the rationing system (a lottery?) are stacked against them.]]></description>
		<content:encoded><![CDATA[<p><i>There is simply no mention of the fact that tickets which should cost £30 are being sold for £180 via these companies like Seatwave.</i></p>
<p>Why *should* they cost £30?</p>
<p>These are interesting arguments but if the left&#8217;s answer is that the price should be lower there then needs to be some other way of rationing access &#8211; as we cannot all fit in the venue.</p>
<p>Die hard fans, and not wealthy ones either, might argue that paying more to see their hero is better than paying less but never getting in because the odds in the rationing system (a lottery?) are stacked against them.</p>
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