Jonathan95
Puritan Board Sophomore
Hello All,
I was wondering if scalping is a sin according to the 8th and 9th commandments. For those unfamiliar with the term, scalping refers to the buying of a product in bulk in order to drive up demand. Then you sell that product for a higher amount in order to secure a profit.
Is this a sin?
Some would say that it is a scummy thing to do. That scalpers are preying on those who do not know any better. That they are greedy just looking to rip people off. That these people know that the items are not worth the amount of money that they are selling for, but because it is highly desired, they will get away with selling for double the original cost.
Others would say that they spent the money to buy the items. It belongs to them and they are allowed to sell for any price they like. That it's not wrong to make a profit and no one is forcing anybody else to buy. Unless they have some kind of monopoly on the product.
Scalping happens with clothes, technology, etc.
Would you say it's a sin?
I was wondering if scalping is a sin according to the 8th and 9th commandments. For those unfamiliar with the term, scalping refers to the buying of a product in bulk in order to drive up demand. Then you sell that product for a higher amount in order to secure a profit.
Is this a sin?
Some would say that it is a scummy thing to do. That scalpers are preying on those who do not know any better. That they are greedy just looking to rip people off. That these people know that the items are not worth the amount of money that they are selling for, but because it is highly desired, they will get away with selling for double the original cost.
Others would say that they spent the money to buy the items. It belongs to them and they are allowed to sell for any price they like. That it's not wrong to make a profit and no one is forcing anybody else to buy. Unless they have some kind of monopoly on the product.
Scalping happens with clothes, technology, etc.
Would you say it's a sin?