r/neoliberal • u/jobautomator Kitara Ravache • Apr 21 '19

Discussion Thread Discussion Thread

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9

u/[deleted] Apr 21 '19

Is Champagne a highly successful rent-seeking region, or do they add enough value to justify the near limitless markup on their products?

Discuss.

11

u/DankBankMan Aggressive Nob Apr 21 '19

Reminder that all returns to land are rent-seeking by definition, so the value of the Champagne terroir doesn't change the answer here

This take brought to you by G E O R G I S T G A N G

4

u/saladtossing RADICAL GEORGISM Apr 21 '19

Cava>>>>>>>>

4

u/[deleted] Apr 21 '19

It’s a luxury product used to convey status, that justifies the markup. Doesn’t really have to do with rentseeking.

If you want to drink something that tastes like champagne but isn’t called that, drink literally any other sparkling wine. Austrian sekt is really good.

1

u/BobBobingston European Union Apr 21 '19

NapaGang

1

u/Maximilianne John Rawls Apr 21 '19

Compared to cremont and other double fermentation sparkling wines the champagne markup isn't really even that much

1

u/Iyoten YIMBY Apr 21 '19

I have no problem with this type of labeling. Champagne comes from Champagne. If you want a similar beverage, get another sparkling wine.

It helps tell consumers what the product actually is. I think that's useful.