It's not pretend, they're rentiers offering no value. If instead of spending $200 on a scalped ticket and attending 1 concert, a consumer might spend $200 on four legitimately purchased ones and attend 4. In fact, it doesn't matter if they spend $100 and see 2 instead, you can quite clearly see it means that there's less money to go to the actual artists, the producers of actual value.
It's a net loss for everyone involved in the production of actual value.
So economically it might be neutral, but in terms of social value it's a massive loss.
It's a net loss for everyone involved in the production of actual value.
So economically it might be neutral, but in terms of social value it's a massive loss.