Saturday, 25 September 2021

Pistis reclaims transactions (weekending September 25th 2021)

 

istis reclaims transactions (weekending September 25th 2021)

This week istis purchased a redundant prop from a hotel – once used, perhaps, as a bar for a specific cuisine-themed night with, possibly, matching drinks and (Pistis fears) stereotypical national or regional dress for staff and, maybe, besported by particularly enthusiastic guests!

Plenty to wonder here, but the pitch (the nearest that Pistis might get to an ‘Apprentice’-style task), over a congenial cup of coffee, went something like this:

·        been walking past it for about a year - unused, taking up space in a garage with old chairs

·        likely that neither of us need it; seems that you may not want it; I’d quite like it

·        little intrinsic value

And, with candour, we acknowledged that worth maybe what someone is willing to pay.

So, an offer was made with commitments as sweeteners and maybe conscious-salvers: on the purchaser’s side – to match the payment with a donation to a prominent, literally life-saving, charity; and, on the other side, to put the money received in the tips jar, to be shared by all staff[i].

And in this upholstered and softly-furnished ‘market place’ the process and outcome proved mutually satisfactory. Hard to find evidence of exploitation, of margins squeezed to the barely bearable to fight off the competition, of profit disproportionately lining the pocket of a chief executive officer at the top of a pyramid of necessary and dependent whole system activity.  

So, in a week ending with queues outside petrol stations and when the impact of gas price rises perhaps remind us that free market economics may not always have been that free; that regulation, caps, recommended ‘switching’ and plenty of competition may not always guarantee value for money, long-term security, reasonable price or affordability, quantity or quality of goods and services - Pistis wondered whether there might be lessons to be learned and scaled-up  from an exchange over a cup of coffee in a hotel bar.

And istis also wondered whether this might be yet another purchase dependent on that (perhaps, possibly, maybe) old (self-)deceptive capitalist trick of a want framed as a need? Finally istis pondered - what if my wants came second to others' needs a little more often and a little more globally, well just imagine how different the world might be...  

© Pistis                                                                                                                        

NB: further reflections and comments linked to this week’s theme and past blog
entries to be found on Twitter: replies, retweets (which don’t necessarily indicate approval, sometimes the very opposite!) and ‘likes’: @Pistis_wonders. ‘Follows’ and respectful comment and dialogue welcome…
 



[i] In touch with the UK zeitgeist and law, also this week: https://www.bbc.co.uk/news/business-58669632


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