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Cornering the World of Warcraft Markets

Terra Nova has a post up about a financial development on the World of Warcraft server Elune. From the article: "two players recently bought out the entire contents of the Auction House in Ironforge, with the exception of premium-priced high-level weapons and armor (e.g., they bought all the trade goods) and then resold all of what they bought at a higher price." They go on to discuss the event in the context of Massive Game economies and the results that tradeskills can have on monetary inflation.

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  1. Capitalism by Anonymous Coward · · Score: -1, Flamebait

    This is a great argument for the negative sides of capitalism. When you look at it from this perspective it's a perfectly legal thing in our society to drive the prices up on certain items to soothe your own greed.
    Once you realize that *everyone else is getting fucked over* maybe we should take a step back and take another look at the problem.