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Other people have already addressed that $90 is not that much for good lighting. But why would the price point of things have any bearing on whether we're in a
by Quinner 8y ago
Other people have already addressed that $90 is not that much for good lighting.
But why would the price point of things have any bearing on whether we're in a bubble? If consumers are buying those things at what you would consider to be a high price, that's an indication of strength in the market for tech goods. A strong market doesn't imply a bubble. If there was a great deal of investment in expensive products which were then not being purchased, that would be bubble, but the price point itself does not stand as evidence that this is what's happening.
- lm28469 8y ago> If consumers are buying those things at what you would consider to be a high price Seems like I can't stop quoting Debord in that thread. "The spectacle presents itself as a vast inaccessible reality that can never be questioned. Its sole message is: >>>>> “What appears is good; what is good appears.” <<<<< The passive acceptance it demands is already effectively imposed by its monopoly of appearances, its manner of appearing without allowing any reply." If you stop at the surface of the problem, sure, people buy it so it must be good. The problem runs much deeper than that though, where does it stop ? Is it an ever ending quest for gadgets, each generation of them costing more than the previous and bringing less actual value to their user ? Is that the conscious goal of humanity or is it a byproduct of an uncontrolled economy of consumption ? It sure is a nice way to spend our disposable income.