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#106 |
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Senior Member
Join Date: Oct 2005
Location: Brisbane
Posts: 166
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Markets are ruthless. Step outside the 'market' - overpaying being one way of doing this; and you risk distorting the market. Prices rise (unjustifiably, simply because the service provider thinks the market will carry it). That rise can stifle demand and actually result in lower returns for service sellers. But it may not do so - it may just lead to an upwards movement in the market price - and higher returns.
All very complex, and all players very much dependent on one another. I suspect most 'players' in India at the level we're talking about see foreign tourists as outside 'the market'. |
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#107 |
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Maha Guru Member
Join Date: Dec 2006
Location: Ohio
Posts: 502
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To be clear, I do not dispute the escalation of prices that comes with the more generous (stupid, you name it) consumer entering the market. There is hardly any arguing with that; whether you can do anything about that is a different matter.
What I find appalling is that the pejorative like greedy gets applied with a lot greater ease to the relatively poor people trying to better their lot and not when it is done at bigger scale (e.g. the oil companies, the oil nations, etc.) or richer or more western folks. In this same thread, the oil price escalation by BP referred to as simple inflation by a poster who is positive that the taxi drivers in Goa are greedy. Look at the rising profits of BP and the earnings of its executives (just an example) and the lot of the taxi driver. Furthermore, no one bats an eye on the 50 euro / hr hourly wage in Germany for the cab driver, but if taxi driver in Goa, looking at the demand, tries to put a few more penny's in his pocket - it brings up all this. It is this hypocrisy is really the shame here. |
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#108 |
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Member
Join Date: May 2008
Location: New Delhi
Posts: 86
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lolzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzzzzzzzzzzzz
Man thats just too much........
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True Indian BLood will Never think twise before giving his Life to save his Motherland INDIA- Lovish |
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#109 | |
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Senior Member
Join Date: May 2007
Location: GOA -
Posts: 128
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Quote:
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#110 | |
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Maha Guru Member
Join Date: Jul 2008
Location: Boulder CO, USA
Posts: 547
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Quote:
Even when we are not "in" the market we are IN the market. For example, if you are worried about equities dropping and say to yourself I'm going to stay out of the market and go to real cold, hard cash - you've actually played your part IN the equities market by removing cash from it and played a part in the bond market by choosing a -ve rate of return but highly liquid instrument. Back to greed and so on. -skk |
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#111 |
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Senior Member
Join Date: Oct 2005
Location: Brisbane
Posts: 166
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Insies Outsies!!
Quite agree skk; hence my use of italics and quotes with market!
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#112 |
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Maha Guru Member
Join Date: Jul 2008
Location: Boulder CO, USA
Posts: 547
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#113 | |
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What happened?
Join Date: Aug 2004
Location: Goa
Posts: 1,564
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Quote:
We don't have a problem here. We know how to deal with rip-offs and greed. We know the prices, so when we don't like something we shop/deal elsewhere. That is the market.
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GoanGoan......here
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#114 | |
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Specialist muddler
Join Date: Sep 2006
Location: Brisbane
Posts: 663
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Quote:
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#115 |
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Member
Join Date: Aug 2006
Location: india
Posts: 18
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Okay, so "greed" is the issue? But, is the dual price structure not better described as "racist"?
It certainly would be in Europe, and everyone would be rushing off with their State funded Legal Aid to the European Court of Human Rights shouting "racial discrimination". I am not referring to "negotiable" purchase situations such as food markets where haggling is the norm. But why should I, with a "wheatish Johnson & Johnson complexion" be charged a notional rip off amount well above M.R.P.at a fixed price outlet and when complaining be told to take my business elsewhere; "Go and f**k off", to be exact.Yes, I certainly have done, but two week tourists continue to be fleeced and unaware that they are, and people of a darker skin tone, or a known local person is charged less for the same goods. There was a case a few years ago where a UK Estate Agent had been instructed by the owners of a property for whom he was selling agent that the sellers did not want to sell to anyone of "Asian/ethnic/mixed race" (whichever way they racistly defined it???).The agent acted as instructed by refusing an Indian couple the opportunity to view the property. The couple took legal action and got compensation to the amount that the entire business of this Estate Agent went bust. How much I'd like to do that to Newton's, Lawande's, Luma, Snow White Laundry,Menezes; almost every shopkeeper retailer of fixed price goods. Do we operate a skin tax in the West? Does a person (tourist, resident or citizen)of different race, ethnic background, language,skin colour, or wealth pay a higher amount at the check out than the next person in the queue? Not bloody likely! |
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#116 |
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Dis member
Join Date: Sep 2005
Location: India
Posts: 10,875
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Moksha1 sounds angry with being treated differently because of skin colour.
Join the club ![]() Lets not get into what 'we in the West' do with this, though |
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#117 | |
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Honey Bee
Join Date: Mar 2008
Location: Goa
Posts: 51
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Quote:
I cannot understand how people say it is market forces that causes Goans to rip off tourists. Do we charge ethnic people more than UK residents now the petrol prices have gone through the roof? 35% Gas. 48% butter, 25% electricity etc. We equally pay the 'going market rate' irrespective of colour/creed. ![]() |
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#118 | ||
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Dis member
Join Date: Sep 2005
Location: India
Posts: 10,875
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Economic 'cheating' and East vs West.
Lets start with the World Bank and the IMF and WTO/subsidies, shall we,? I like the way the folk in this forum assume Westerners means whites, btw. Look up the demographics in your home countries, please. Quote:
What you are talking about is mom and pop stores and services. Tourists get treated differently (and yes, ripped off too) based on skin colour everywhere in the world in these. I don't know why special mention should be made of India. PS Quote:
Problem is, many Goa regulars think that a couple of beaches in that well (Goa) is the ocean. |
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#119 | |
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Honey Bee
Join Date: Mar 2008
Location: Goa
Posts: 51
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Quote:
Excuse me, but Newtons and other supermarkets, try it on charging white people above the marked prices on the packets. Because we are there for the season we know where to look for the prices and the 'proper price of goods'. Tourists on a fortnight holiday do not realise they are being ripped off We buy all we can from the lttle local Hira shop in Candolim, where the local family look after their customers. They have the correct attitude to business. Pity there was not more traders like them. There are two tier systems at the doctors - we pay 350 rupees, locals 100. Must admit when we took a local friend there, the doctor only charged us 100. |
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#120 |
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Maha Guru Member
Join Date: Oct 2004
Location: Vancouver
Posts: 3,204
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