Monday, December 22, 2008

Ebay Assignment

I have just spent the last hour watching a dress that I wanted on eBay slowly but surely get further from my grasp. I decided to try to wait till the last minute to enter my final bid, entering only a few before to figure out how the bidding actually worked. After clicking the refresh button about 20 times I entered my last bid only to see " you have been outbid" in red letters.
I am surprisingly let down, with a feeling like I just lost at a game I've been trying to win.
During the actual bidding process I felt very anxious and even sort of a rush because the outcome was so unpredictable. I also feel very silly because it is now 1:31 in the morning and I find myself on eBay trying to outbid other people who are also awake sitting in front of a computer.

This connects to our American way of life because it shows how consumer based our society really is. there are thousands, maybe millions of people and items on EBay that people actually look forward to buying. Not only that but shopping has now been made more convenient. Anyone can now BUY things ONLINE and NEVER have to get dressed and leave your house. The American way of life consists of being lazy and " having it your way." This connects to capitalism because of the way it is being sold. Buyers are bidding and competing with each other to obtain products that are sold. eBay is a perfect example of how the invisible hand keeps the market moving and competition high. By combining supply and demand of things being sold, it is a prime example of how capitalism works in todays society.

No comments: