The Illusion of Value: Why America Stopped Haggling | OOF 122

For 99% of human history every transaction was a verbal war—in this episode of LTS Out of Office, Marcos Lopez uncovers how religious radicals and industrial department stores killed haggling in America, and how Silicon Valley algorithms are secretly bringing it back. #haggling #dynamicpricing #consumerpsychology --------- ☕ Support the Feed & Connect☕ Buy Me a Coffee👉 ⁠https://www.buymeacoffee.com/LTS2020🐦 X (Twitter): @LTSundry📸 Instagram: @LTS.Pod📺 YouTube: @LifeTechandSundry ----------- Chapters (00:00) Introduction: The Theater of Haggling(02:11) The Modern Anomaly of Fixed Pricing(05:09) Economic Inefficiencies of Constant Bargaining(07:05) The Religious Roots of Fixed Pricing in the West(08:10) The Birth of the Modern Department Store(09:49) The Psychological Impact of Fixed Price Tags(11:06) Digital Haggling and Algorithmic Pricing(13:16) The Silent Power of Corporate Algorithms(14:36) The Illusion of Objective Pricing(15:03) Supporting Independent Content Creation