Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle - eviltoast

At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. With prices — new and used — having soared since the pandemic, $20,000 is no longer much of a starting point for a new car.

This current version of the Mirage, which reached U.S. dealerships a decade ago, sold for an average of $19,205 last month, according to data from Cox Automotive. (Though a few other new models have starting prices under $20,000, their actual purchase prices, with options and shipping, exceed that figure.)

  • WhipTheLlama@lemmy.world
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    1 year ago

    Communists should take a long, hard look at how well communism has worked elsewhere. Capitalism has many problems, and wealth inequality is one of them, but it’s the economic system that has worked best so far. The fact is that my surgeon should earn a lot more than my gardener.

    • ephemerality@lemmy.world
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      1 year ago

      Really, the problem stems from the idea of wealth in general. To use a Communist structure like that would require eliminating the concept of non-tangible “wealth” entirely. Because otherwise you get the kind of incongruencies that you describe.

      It’s hard though, right? Without wealth, how do you value the work of others? It used to be done by bartering. Or perhaps people did it because they were good at it, and didn’t mind helping out. People worked together.

      Obviously this doesn’t fit in the modern era, when people generally work specifically to earn money, rather than for some general purpose. People probably aren’t going to want to do the job they already have in exchange for nothing but goodwill. They have to have a purpose. Our purpose in Capitalism (unless you are very lucky) is to earn Wealth so we can continue to exist, and as a guiding philosophy that does a decent enough job for most people.

      • WhipTheLlama@lemmy.world
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        1 year ago

        how do you value the work of others? It used to be done by bartering. Or perhaps people did it because they were good at it, and didn’t mind helping out. People worked together.

        You’re romanticizing an era that never existed. Even if we can build such an economy, it’s absurdly impractical in a modern, complex world. Sure, if we only had to build homes, hunt, and make babies that’s fine, but too many modern necessities, such as sanitation, require a reward beyond being good at it or helping out.

        • ephemerality@lemmy.world
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          1 year ago

          Yes, this was my exact point. Money is how we quantify the value of effort in the modern era. It’s why Communism will never work with our current framework. They are fundamentally incompatible. Our purpose in life is to make money, we cannot just start giving everyone equal quantities of it — life would be meaningless. It requires a paradigm shift on how we value effort.