economy

Why is the US so expensive? Everything comes in a ‘premium’ version, from doctors’ appointments to movies

Want a good view of the cinema screen? You’ll need to sign up to the VIP scheme. A quick chat with your doctor? An extra $50,000 will let you jump the queue

Why is the US so expensive? Everything comes in a ‘premium’ version, from doctors’ appointments to movies

TL;DR

  • The notion that mass consumerism promotes equality is outdated; most products and experiences are now tiered for profit.
  • Airlines pioneered tiered services, and this model is spreading to other industries like cinemas, with AMC charging for better seats.
  • Similar 'pay-to-skip-the-line' models are appearing in ski resorts, theme parks (Disney's 'lightning lane'), and concierge medicine.
  • Concierge medicine can cost up to $50,000 annually for faster doctor access, straining the healthcare system for those who cannot afford it.
  • This trend of tiered pricing is seen as a result of 'untrammelled greed' making modern life more expensive and worse for the majority.
  • The article contrasts current high costs with past affordability, suggesting it's now cheaper to stay home than go out.
  • AMC previously abandoned a similar tiered seating plan due to public backlash against penalizing lower-income individuals.