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Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

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Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#511
post #507
post #435

Earlier quoted context omitted.

"Human beings" =/="personhood".

Corporations are people.

That's true. But that doesn't mean they're "human beings". A corporation doesn't have blood or skin or a physical human body. Again, based on our definitions here, "Human being" =/= "Person/Personhood"

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#512
post #438
post #344

Earlier quoted context omitted.

>if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) >The same behavior would happen with a company with better public trust and respect. And it’s not like anyone is selling those cameras to donate money to a warehouse worker in need. >I just think it’s amazing how frail people’s morality is, how it goes out the window when certain conditions are met. The parent wasn't…

> how morality is shit these days. This sort of implies morality was better in the past. Do you believe that? I am not suggesting today's morality is good but it seems like an improvement over the history of humanity to me.

Touche and great question. It probably seems worse today due to the ability for news and information to travel so far and fast. Just like it's easier to hear about ALL the bad news stories... kidnappings, murders, shootings, flesh eating bacteria, etc. Even though the rates are the same or possibly even lower today, the [noise] volume is easier to be heard.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#513
post #500

Earlier quoted context omitted.

What is unfettered capitalism? The "unfettered" part leads me to believe this is a pejorative. Wikipedia redirects to economic liberalism, which is just free markets in opposition to planned economies. Is there anyone even remotely serious who thinks planned economies are superior? Is there a planned economy in the world that isn't in tattered ruins, impoverishing its people in the most hideous and evil fashion, whil…

By unfettered capitalism I just mean a system where you end up with disparities of 500x, massive multinationals, and horrible behaviour by many (yesterday we had an article about Cargill for example) that's too hidden or abstract for most of society to fully realize. I believe it's unsustainable and will inevitably come crashing down. Personally I'm in favour of worker coops with a capped pay disparity between the le…

>a system where you end up with disparities of 500x, massive multinationals, and horrible behaviour by many

That's not unfettered capitalism though. That's captured markets via regulation and laws picking winners and protecting incumbents. That's due to corporatism... when corporations, via imaginary person-hood, are given the same rights as humans. What I label as corporatism.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#514
post #447

Earlier quoted context omitted.

I still do not know what it is :/

Its one of those gimmick sale days like "Black Friday", "Cyber Monday", "Back to School Blowout", etc. The only difference is the sales have historically just been on junk[1] rather than desirable items. [1] Unless you are the type who needs a 55 gallons jug of lube. https://observer.com/2015/07/at-1k-55-gallon-bottle-of-lube-...

Cheap cameras and lube... what a time to be alive

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#516
Some think this is a marketing gimmick. I don’t:

1. They would not be able to resist making the price a cute number, like Prime day’s date, eg $7.16

2. They would later claim intentionality to not seem incompetent.

3. If they stuck to a product category, they would pick a category of mainstream or sympathetic appeal. Eg: pool toys for summer fun, back to school items, gaming pc or kids clothes.

4. They would bake in stop loss prevention. IE putting a per account quantity cap in place, and a global quantity cap.

I’m kind of surprised at many people thinking it was intentional— it’s a good use of imagination but going a bit deeper the execution does not fit with any imaginary world I can envision.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#517

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

Amazon has high millions to billions of dollars to throw around. A consumer does not. There’s no asymmetry when you consider dollar value proportionality.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#518
post #510

Earlier quoted context omitted.

Do you mind when people steal from you?

Yes, and I think it's wrong to steal from people

Stealing from corporations is stealing from people. Otherwise, I could justify stealing hubcaps from your car as stealing from the car, not you, so it's ok.

Besides, if you have a moral code that specifies who it is ok to steal from, you'll need to accept another's moral code that says it's ok to steal from you.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#519
post #512
post #438

Earlier quoted context omitted.

> how morality is shit these days. This sort of implies morality was better in the past. Do you believe that? I am not suggesting today's morality is good but it seems like an improvement over the history of humanity to me.

Touche and great question. It probably seems worse today due to the ability for news and information to travel so far and fast. Just like it's easier to hear about ALL the bad news stories... kidnappings, murders, shootings, flesh eating bacteria, etc. Even though the rates are the same or possibly even lower today, the [noise] volume is easier to be heard.

That is my impression as well.

Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day

#520
post #288

It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…

> It’s kind of interesting- the asymmetry of moral expectations and entitlement. First, there is an asymmetry in power too. Amazon can afford to double check or triple check everything if it makes economic sense. Secondly, companies does not have morals. If you allow big corporations to change prices as they see fit because there is a "mistake". Companies will exploit that to their advantage with psychopathic precisi…

Companies are not technically human but they are made up of humans.They are an organized units of humans. Just like a government or a family each with different internal rules, structure and external expectations. Of course they can be held to moral rules. They may be bound to their shareholders to make a profit but it is not without boundaries which is what morality is, a guide or brake on how to achieve ones desires and goals. Having said that pricing is not a moral issue in 99% of cases particularly in a mostly free market where there is price and quality information available. If you don't like the price don't buy it, buy it from somewhere else, or it probably reflects the supply/demand. A pricing mistake by its nature is a defect in the free market, is not legally required to be honored, and theoretically should not be honored as it skews price equilibrium. Amazon is honoring it here here and in a case like the mms for marketing purposes.
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