I bought 4 tickets to Taylor Swift for my girlfriend and her friends and paid $407.57 total after all of the bullshit Ticketmaster fees.
~$101 per ticket isn’t cheap, but $900+ per ticket is either scalper/resale prices day of the show, or for some fancy VIP tickets, or just a made up number.
lol yes exactly. Kind of hilarious and stupid that they reference BLS as a source, which I’m assuming they meant for the minimum wage figure to calculate the hours, but they also don’t show what that minimum wage figure is on the infographic….
Just a really poorly crafted piece of rage bait designed to do exactly what it’s doing here - piss people off so they share it.
I know! The point is that we're seeing the combined effect of ticket prices increasing relative to inflation and minimum wage falling relative to inflation, compounding the unaffordability.
Monopolies is what causes this. Capitalism is just the enabler. But don't kid yourself if you think the rich don't gatekeep certain things in "communist" countries.
There aren't any communist countries, only a handful of states run by communists, who don't even claim to have reached socialism yet.
The problem is the commodity form – goods and services made for their use value and their exchange value. This is a problem in the states run by communists. They don't claim otherwise. Neither does any Marxist.
The world is currently dominated by imperialists. According to Marxists, imperialism is the 'monopoly finance' stage of capitalism, which is what you identify.
In a society that doesn't make commodities or which protects certain goods and services from the logic of commodities, the 'gatekeeping' of art (or any other good or service) wouldn't need to happen.
Art under capitalism, like everything else – food, shelter, clothes, air, water, etc – is commodified. This has awful consequences, which affects every commodity-producing society.
The 'communist countries' have only started on the path to abolish the commodity form. It will take decades to complete, maybe a century or more, and is unlikely to be fully achieved before the world is communist.
I bet you'll see a pretty tight correlation between rate of ticket price increase and rate of population growth. This isn't a "capitalism ruined X" problem. It's a "too many people" problem. When supply is so far outstripped by demand of course prices soar.
Sure but this chart refers to the most popular artists of a given time period. Regardless of how many concerts there are, there will always be one with the most demand.
If you could find data on the median ticket prices or something like that, you may have a point.
Yes, but there's only one Taylor Swift and she can only perform for so many people at once.
You can still to see less-popular artists for a few bucks, but for the mega-stars the population increase is absolutely a factor because the supply can't be increased while the demand is growing