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RE: Virtual Money - MMORPGs vs the Real World Money
Nicely written and an enjoyable read.
All the MMORPGs (at least the known ones) base themselves into capitalism.
Capitalism is not a defined system as much as it is a description of how economies work naturally. Folks trade with each other based upon their own needs; middlemen pop up to provide a value in expediting trades; other folks invest in, or capitalize, market opportunities by their money, time or effort.
I sold my WOW account 2 months ago. I spent 2 months before that farming the hell out of the Savage expansion and playing the market to get gold which added value to the account.
I turned my time on the MMO into real money!
I don't know what you're talking about. Any Economic System where trade and production is owned by private parties, is capitalist.
Did you get your monthly subscriptions also paid off the account? Where did you sell it at? I normally use ElitePvPers for all my transactions, since I've no experiences in other markets.
what I'm saying is that capitalism isn't a made up system like socialism; capitalism is the ways things are. even in socialist systems, black markets spring up to meet market demand that planned economies can't produce, often foodstuffs
no anti-semite polemicist cooked the books and made up capitalism so he could sell anti-bourgeoisie books instead of a selling anti-semite books (Marx used 1818 pre-Industrial economic data to "describe" 1848)
I used playerauctions, I think. I needed that cash and I didnt want Blizz screwing up the transaction