this post was submitted on 28 Apr 2026
374 points (98.7% liked)

Progressive Politics

4546 readers
525 users here now

Welcome to Progressive Politics! A place for news updates and political discussion from a left perspective. Conservatives and centrists are welcome just try and keep it civil :)

(Sidebar still a work in progress post recommendations if you have them such as reading lists)

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[โ€“] explodicle@sh.itjust.works 4 points 2 days ago (1 children)

No, elasticity is not infinite. This has been proven multiple times. You're spreading misinformation and need to take an economics class.

[โ€“] cmeu@lemmy.world -2 points 1 day ago (1 children)

I don't think I said anything about Infinity. Tell me one thing which is truly infinite.. Greed may be close.

Are you saying that increasing income for the same work can't lead to inflation? Or that businesses aren't opportunistic and interested in maximizing revenue?

They will charge what the market will bear.. and the market will suddenly be able to bear just a little bit more ๐Ÿคทโ€โ™‚๏ธ

I am not going to teach you how elasticity works