this post was submitted on 04 Aug 2023

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How capitalism made concerts be a bourgeois entertainment only (i.imgur.com)

submitted 1 year ago by CyberGhost@lemmygrad.ml to c/memes@lemmygrad.ml

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[–] grue@lemmy.ml 1 points 1 year ago (1 children)

It took two hours of working minimum wage to buy an Elvis ticket ticket.

Elvis ticket cost in 2023 dollars: $31

But minimum wage is $7.25/hr, so $31 is more like four hou... oh wait.

[–] CyberGhost@lemmygrad.ml 0 points 1 year ago (1 children)

They meant back in the day it took that time

[–] grue@lemmy.ml 1 points 1 year ago

I know! The point is that we're seeing the combined effect of ticket prices increasing relative to inflation and minimum wage falling relative to inflation, compounding the unaffordability.