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Thus, the problem with Adam Smith's Invisible Hand in the modern world. I salute you for sticking to your guns, but I think we all could have predicted that So
by ken 7y ago
Thus, the problem with Adam Smith's Invisible Hand in the modern world. I salute you for sticking to your guns, but I think we all could have predicted that Sony wasn't going to suffer any significant consequences from that.
There's 10 major brands of TVs, and 10 attributes by which consumers decide what to buy. Even if you could got 95% of consumers to agree (ha) that one brand is the absolute worst at the most important attribute, it's still going to be the best at something else.
There simply aren't a sufficient number of axes of control here to influence change.