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>I don't at all see the ethical analogy between luxury athleisure and payday loans The "athleisure" market has bilked people out of $35 billion dollars a year
by Clubber 10y ago
>I don't at all see the ethical analogy between luxury athleisure and payday loans
The "athleisure" market has bilked people out of $35 billion dollars a year using offshore sweatshops to turn $1 into $20 a pop, mainly by amplifying people's insecurities day after day after day through mass advertising.
- nunez 10y agoman, this hits home. i just recently got a pullover made by "Nike Golf" at work. It's a nice pullover. It's listed at somewhere between $37.50 and $150 on Amazon. The box it came in? The same box that I used to see stuff delivered to the 99 cent store across the street at my old apartment. It's amazing what athlete endorsements can do for brand value:
- moomin 10y agoNo one's saying they're saints. Just not quite as life-ruining to their consumers as payday loans. (Which is a really low bar to limbo under.)
- jolux 10y agoLarge profit margins and predatory loan practices are completely different ethically, though.
- Clubber 10y agoIt's more than large profit margins, it's the constant deluge of propaganda every day that gnaws at people's insecurities. I'm too fat, I'm too skinny, I'm not strong enough, I'm not active enough, I'm not healthy enough, I don't exercise enough, I don't hydrate enough, I don't eat right enough, I'm not pretty enough, I'm not handsome enough, I'm not popular enough, ad nausium. Every day, to an entire population, for generations. There's a saying in business, you don't sell product, you sell emotion. They are selling, "I want to feel better about myself." They can't sell that until they knock people down several notches. That's what it takes to get people to pay $40 for a shirt then can get for $7. Just about everyone alive has grown up with that. Let that roll around in your head a while. I think it's worse in scope and what it does to the population. I've never been screwed by a payday loan service, but I've certainly been subject to that type of advertising for as long as I've been alive, and it's gotten progressively more sophisticated.