A restaurant with a ‘pay what you want’ philosophy is facing closure because its customers are forking out less than $3 a meal on average.
No, it’s not just because it is vegan.
There was a bit of a flurry a few years back, economists noting that people, when asked to pay what they thought something was worth, were quite generous in their estimations of what it was worth.
This showed that we’re all caring sharing beings and thus socialism or summat.
My own reading is that we’ll be nice and kind occasionally. Often even, but not when the entire system allows us to not to be. At that point short term self-interest will take over. Which is why the or summat economic systems don’t work in the long term.
You really can get people to pull together for some great purpose for some period of time. You can’t exclude the normal price system for long periods of time though. ‘Coz people is peoples.
Another way to put this is that altruism most definitely works. But not over long periods of time with strangers. The people who manage that we end up calling saints.