⟳ Репост от lucas, ho chi minh thot
I think this is fundamentally wrong but in an interesting way I will need to write about sometime. The key is a) consumers do not choose what is produced, or how, they choose between what is produced. This is a crucial difference
Max Dubler 🏳️🌈I think my most genuinely unpopular take is that a widely held and genuine consumer preference for cheaper, lower-quality goods, not private equity, is driving the decline in quality of consumer goods like clothing and housewares.