this post was submitted on 11 Feb 2024
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yeah, its a fantastic dunk on citizen weston. also one of the texts that early on convinced me of socialism
Reminds me of my friend who's getting a business degree showing me some of her lectures. Dunno the English terminology for it but it was something along the lines of "Customers will spend a certain percentage of their income on different needs/desires (food, rent, leisure etc) that scales linearly with their income", down to assigning percentages to individual food items.
It took me like 30 seconds before I realized how completely insane and obvious nonsense that statement was. Someone who makes 500k a year obviously doesn't spend 10x as much on eggs as someone who makes 50k. The sheer ideology in these presentation slides was genuinely shocking. Complete lunacy.
tl;dr business majors aren't people.
I went by the farmers' market the other day and a stall had duck eggs for $8-10 a dozen. Buying 36-packs from Walmart is maybe about $1 a dozen. I don't see it going much lower than that, or higher than $20, though.
For a while now I've been fairly convinced that everyday expenditures scale logarithmically with income. The increase is pretty smooth, and tapers off pretty smoothly too.