No. Rich people can allready afford a scalpers price, and dont really care if their tickets are 500 dollars or not.
In capitalism, high demand and limited stock means that you (as a seller) should set the price as high as you can, while selling all stock. If you set your price lower, you're loosing potential income
that's what makes this so shitty - promoters are setting the prices initially and ticketmaster is trying to remove their choice by removing all the stock and reselling it at the maximum possible price
In capitalism, high demand and limited stock means that you (as a seller) should set the price as high as you can, while selling all stock. If you set your price lower, you're loosing potential income