3 ms·
The cost to bring any good to market is a combination of: (1) R&D (technical and non technical), (2) Manufacturing, (3) Sales (compensation to intermediaries br
by DINKDINK 9y ago
The cost to bring any good to market is a combination of:
(1) R&D (technical and non technical), (2) Manufacturing, (3) Sales (compensation to intermediaries bringing the product to marketing), (4) Regulatory and Compliance (5) Consumer labor (6) Externalities
New product prices are:
(1)(2)(3)(4)
Repair-part costs are dominantly comprised of:
(2)(3)(5)
If (2)(3)(5)(6)_oldProduct > (1)(2)(3)(4)(6)_newProduct the market is telling you your time is better spent doing something else and properly recycling the equipment.
If the state inflates (4) to get (2)(3)(5)(6)_oldProduct < (1)(2)(3)(4)(6)_newProduct to be true, all that's been achieved is bureaucracy has siphoned off value from R&D and less products are produced.
If there are negative, socialized costs associated with consumption (externalities) there's a justified argument to allocate those costs on the people who are producing them (recycling tax at time of purchase). Product Management via regulation is not how you get a vibrant market of inexpensive products that people want.
- ksk 9y agoAt one point in history we had a "vibrant market of inexpensive products" by allowing child labor, slavery, and polluting the air. We're deciding that there are some things that are not acceptable. Thankfully, more and more people don't care about "vibrant markets" if it means a landfill of irrepairable electronics that gets dumped onto some poor country. In any case, regulating the right to repair opens up new service markets, new parts supply chains, and a large job market that is local and difficult to outsource.
- DINKDINK 9y agoAre you arguing that opposing regulations that require people to publish manuals online is equivalent to child slavery? If not I have no idea your point as I already discussed allocating externalities of pollution.
- ksk 9y agoI'm arguing that its good to 'leave money on the table' if that means doing something positive for the environment or people.