Author Topic: Greed or Capitalism?  (Read 2571 times)

Offline bluezulu

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Greed or Capitalism?
« on: November 16, 2006, 02:58:03 PM »
Man ditches PS3 plan
Columbus dentist hired temp workers to stand in line for pricey game console
BY BRAD BARNES
Staff Writer

 
The frenzy for the latest piece of video game hardware reached a new high in Columbus, as a man hired workers to stand in line at Wal-Mart stores to purchase PlayStation 3 consoles.

"This is the only way I can get what I want," said Murray Newlin, a Columbus dentist.

Newlin wanted to buy 15 of the consoles as Christmas gifts for grandchildren, nieces and nephews. He was prepared to buy available units from Columbus and Phenix City Wal-Mart stores, as well as Auburn and Opelika, using a crew of 60 workers he cycled through in eight-hour shifts, according to one of the temps he hired.

Midday Wednesday, Newlin abandoned his bold strategy, after other potential PlayStation customers got wind of his plan and began complaining -- to him, the store managers and the employment agency he used.

The next-generation PlayStation goes on sale at midnight tonight. Demand is expected to far exceed the new unit's supply, as with the launch of the Microsoft Xbox 360 in 2005 and the Sony predecessor, the PlayStation2, released in the year 2000.

The PS3 is loaded with new technology, including graphics optimized for new high-definition televisions, a Blu-ray disc player and wireless Bluetooth controllers. It also comes with the heftiest price points for game systems yet -- $500 for a basic unit or $600 for a more advanced one.

Undeterred by either the high price or Wednesday's pounding rain and threat of tornadoes, eager gamers stood outside the Airport Thruway Wal-Mart, waiting for its release.

"They're outside," said store manager Bill Abercrombie. "We've told them as long as they stand organized, we're not going to say anything to them."

He wouldn't say how many units he expected, only, "Nowhere near enough."

Other stores were giving hopeful shoppers bad news early.

"Our initial plan was to pass out tickets at the entrance equal to the number of units we had to sell," said Joe Cortner, manager of Columbus' Milgen Road Kmart. "But we were informed recently that there may not be any units on (Nov.) 17th."

Industry reporters say that Sony has similarly told many retail chains that they will receive hundreds of thousands of units fewer than initially projected.

At video game specialty shop GameStop, anyone who's not on a pre-order list is out of luck. And the store won't be starting another order list now. Any new shipment will go straight on the shelves for the first to grab them.

With such a shortage, Newlin's plan for an en masse stakeout might indeed have been the only way to lock onto enough of the boxes to put under Christmas trees.

But that was no comfort to shopper Jennifer Revis, who wants to buy a PS3 for her boyfriend.

"I took off work (Thursday) and Friday so I could sit in line for him," she said. She still plans to queue up at a Wal-Mart today, but she certainly would have been out of luck had Newlin not retreated.

Her friend, Candy Williams, was even angrier. She had been told that today was the first day people could line up at Wal-Mart. She learned otherwise when one of her out-of-work friends got a job standing in line in the dentist's place.

"I only want one, but I know there's other people that are going to want them, too," said Williams, who has a 7-year-old son. "I just don't think it's right that you are paying people to stand in line for you. You're using your money and authority to pay people for what you want, and that's wrong."

Newlin checked with store managers to make sure he wasn't violating their policy before sending his work force to the stores. But he backed out, saying, "It's not worth the brouhaha it's causing.

"I don't feel like I've done one thing wrong," Newlin said, "but there's plenty of other Christmas gifts I can get the kids."
_________________________________

Hes lying last year I heard rumors during the 360 launch that he did the same thing but on a smaller scale. He turns around and flip them for a profit. I think he should be shot taking the ps3s from the kids.

Jenn

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Re: Greed or Capitalism?
« Reply #1 on: November 16, 2006, 03:45:13 PM »
Screw the kids. What do they need PS3s for, anyway? Tell 'em to go outside and get some jacks. I have two 360s on lawaway, slowly paying on them until Christmas season, then selling them. Why shouldn't I? Capitalism can't exist without some sort of greed, and I don't see how making a legal buy and then making a legal sell is greedy.

But I tell you, I was at a Walmart the night the 360 came out (I honestly had no idea) and when I came out the store, people were rushing up to me ready to JUMP my ass. I'm like "All I got is a DVD and some toilet paper! OH GOD DON'T HURT ME!!!!"

I don't feel sorry for any of these idiots. Haven't they ever heard of pre-ordering? Does anyone EVER get to just walk up to the shop on system release day and get a game system and just stroll on to the cashier? NO. It's been that way since the PS2, you idiots. I knew people who preordered their sh*t in MAY.
« Last Edit: November 16, 2006, 03:47:10 PM by Jenn »

Offline bluezulu

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Re: Greed or Capitalism?
« Reply #2 on: November 16, 2006, 04:06:58 PM »
I was there for the PS2 launch and it was crazy. I left work at 3:30 pm and it was me and this 12 year old kid in line. He had a mad magazine I had a home theater magazine a soda and what not. Before I knew it there was 100 people behind me before I knew it. Well I gave up on that last year after I peorderd a 360 in the summer just for them to tell me that I cant get one in the first shipment I was pissed.

Offline Hypestyle

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Re: Greed or Capitalism?
« Reply #3 on: November 16, 2006, 04:08:31 PM »
Screw the kids. What do they need PS3s for, anyway? Tell 'em to go outside and get some jacks. I have two 360s on lawaway, slowly paying on them until Christmas season, then selling them. Why shouldn't I? Capitalism can't exist without some sort of greed, and I don't see how making a legal buy and then making a legal sell is greedy.

But I tell you, I was at a Walmart the night the 360 came out (I honestly had no idea) and when I came out the store, people were rushing up to me ready to JUMP my ass. I'm like "All I got is a DVD and some toilet paper! OH GOD DON'T HURT ME!!!!"

I don't feel sorry for any of these idiots. Haven't they ever heard of pre-ordering? Does anyone EVER get to just walk up to the shop on system release day and get a game system and just stroll on to the cashier? NO. It's been that way since the PS2, you idiots. I knew people who preordered their sh*t in MAY.

 :o  Jenn!  are you really buying XBox 360's on layaway just to sell them?  realistically, how much more money can folks get from resale, even if they don't open them?  Is there still a 'shortage'?
« Last Edit: November 16, 2006, 04:11:15 PM by Hypestyle »

Offline The Dark Wright

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Re: Greed or Capitalism?
« Reply #4 on: November 16, 2006, 04:39:49 PM »
:o  Jenn!  are you really buying XBox 360's on layaway just to sell them?  realistically, how much more money can folks get from resale, even if they don't open them?  Is there still a 'shortage'?

Yeah, Jenn...aren't these readily available?

Besides, I don't see the point of the whole thing and I love games just as much as the next person.  All launches of all game systems have sucked... except for Dreamcast.  And when the hell did the stores start opening up at midnight jut to sell SOB's something?  If I was a clerk I'd be like "muf*cka, we open up at 10-- you need to take yo' stank ass home, grab a shower, and come back in the morning"

Jenn

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Re: Greed or Capitalism?
« Reply #5 on: November 16, 2006, 04:43:08 PM »
Readily available, yes. But believe it or not, there are still plenty of idiots sitting around thinking they can just stroll up on the 23rd of December and shop to their heart's content, or those who decide at the last minute that they want an XBox 360. Happens every year. I just sold one for a small profit, and it's not even Thanksgiving. Just sold a slim PS2 for a profit as well, and you can get those at any local pawn shop. Some people are just lazy and dumb - and those people almost always have cash to burn.

Offline Hypestyle

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Re: Greed or Capitalism?
« Reply #6 on: November 16, 2006, 05:46:13 PM »
Readily available, yes. But believe it or not, there are still plenty of idiots sitting around thinking they can just stroll up on the 23rd of December and shop to their heart's content, or those who decide at the last minute that they want an XBox 360. Happens every year. I just sold one for a small profit, and it's not even Thanksgiving. Just sold a slim PS2 for a profit as well, and you can get those at any local pawn shop. Some people are just lazy and dumb - and those people almost always have cash to burn.

intriguing..  ;)

Offline The Dark Wright

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Re: Greed or Capitalism?
« Reply #7 on: November 16, 2006, 09:14:09 PM »
Readily available, yes. But believe it or not, there are still plenty of idiots sitting around thinking they can just stroll up on the 23rd of December and shop to their heart's content, or those who decide at the last minute that they want an XBox 360. Happens every year. I just sold one for a small profit, and it's not even Thanksgiving. Just sold a slim PS2 for a profit as well, and you can get those at any local pawn shop. Some people are just lazy and dumb - and those people almost always have cash to burn.

intriguing..  ;)
Very.  So I guess I better go out and get mine now before I have to bow down and pay your jacked up price, huh?

Offline Wise Son

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Re: Greed or Capitalism?
« Reply #8 on: November 17, 2006, 04:02:37 AM »
Capitalism can't exist without some sort of greed,
I agree. Part of the reason I have a distaste for both.

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Offline Curtis Metcalf

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Re: Greed or Capitalism?
« Reply #9 on: November 17, 2006, 07:34:05 AM »
Capitalism can't exist without some sort of greed,
I agree. Part of the reason I have a distaste for both.
I would say that capitalism can't exist without economic incentive and self-interest.  Sure, it's semantics to some degree as greed is the same as self-interest taken to an extreme.  The problem is what else can get people to organize in any sort of workable arrangement?  I don't mean to disparage socialism or whatever anyone would like to advocate, I just haven't seen any viable alternatives in practice.   
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Offline Toya

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Re: Greed or Capitalism?
« Reply #10 on: November 17, 2006, 09:55:21 AM »
As Adam Smith said, self-interest is the invisble hand that feeds capitalism. Greed is a form of self-interest. Also, I don't fault the dentist; he hasn't done anything unusual.
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Offline Wise Son

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Re: Greed or Capitalism?
« Reply #11 on: November 20, 2006, 01:19:39 AM »
I would say that capitalism can't exist without economic incentive and self-interest.  Sure, it's semantics to some degree as greed is the same as self-interest taken to an extreme.  The problem is what else can get people to organize in any sort of workable arrangement?  I don't mean to disparage socialism or whatever anyone would like to advocate, I just haven't seen any viable alternatives in practice.   
Well, not to make excuses, but I can't think of a single country that tried to reject capitalism that didn't immediately come under some kind of attack from the West, overt or covertly militarily, or economically. I dont know for sure if socialism could work, but I don't think it's ever been given a chance.

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Offline Curtis Metcalf

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Re: Greed or Capitalism?
« Reply #12 on: November 20, 2006, 08:23:00 AM »
I would say that capitalism can't exist without economic incentive and self-interest.  Sure, it's semantics to some degree as greed is the same as self-interest taken to an extreme.  The problem is what else can get people to organize in any sort of workable arrangement?  I don't mean to disparage socialism or whatever anyone would like to advocate, I just haven't seen any viable alternatives in practice.   
Well, not to make excuses, but I can't think of a single country that tried to reject capitalism that didn't immediately come under some kind of attack from the West, overt or covertly militarily, or economically. I dont know for sure if socialism could work, but I don't think it's ever been given a chance.
Yes, that's true.  I wish there could be a real experiment somewhere but I would expect more of the same from the West.
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Offline JLI Jesse

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Re: Greed or Capitalism?
« Reply #13 on: November 20, 2006, 10:23:59 AM »
there's nothing wrong with paying someone to stand in line.  Good planning.  I can understand why some would dislike Capitalism, but I am a fan.  Sony, or anyone, should be encouraged to sell playstation 3 for as much money as they can.  They'll get the market value.  If people think buying a playstation 3 online for $3,000 is too much, then they won't buy it and the seller will be forced to reduce the price.  If someone is willing to pay that much, then I'm all for the person making a profit.  Do I think paying that much is insane?  Yes.  Would I sell it for that much money if I had one?  Hell, I'd try.

I, for one, would rather spend that kind of money on something else but for those who want it, they should consider something.  How much do they want this system?  How much are you willing to spend?

It may sound cold, but like they say, its not personal, its business.

Offline Francisco

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Re: Greed or Capitalism?
« Reply #14 on: November 20, 2006, 10:32:38 AM »
there's nothing wrong with paying someone to stand in line.  Good planning.  I can understand why some would dislike Capitalism, but I am a fan.  Sony, or anyone, should be encouraged to sell playstation 3 for as much money as they can.  They'll get the market value.  If people think buying a playstation 3 online for $3,000 is too much, then they won't buy it and the seller will be forced to reduce the price.  If someone is willing to pay that much, then I'm all for the person making a profit.  Do I think paying that much is insane?  Yes.  Would I sell it for that much money if I had one?  Hell, I'd try.

I, for one, would rather spend that kind of money on something else but for those who want it, they should consider something.  How much do they want this system?  How much are you willing to spend?

It may sound cold, but like they say, its not personal, its business.
I tottaly agree with you bro... :) Ayn Rand probably would too. ;D
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