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"A lot of luxury goods brands destroy their unsold merchandise" This also happens since probably forever with fruit and vegetables if they're unsold or in over
by squarefoot 7y ago
"A lot of luxury goods brands destroy their unsold merchandise"
This also happens since probably forever with fruit and vegetables if they're unsold or in overproduction. The reason is to keep prices fixed by artificially reducing the offer.
- TeMPOraL 7y agoAnd if one's looking for the reason why so many people complain about the market economy, that's one reason. This is all economically sound, but beyond that, utterly fucked up.
- userbinator 7y agoFruit and vegetables and other perishable goods will effectively self-destruct if unsold anyway, so I don't see that as being quite as bad as deliberate destruction of product that would otherwise last indefinitely.
- TeMPOraL 7y agoIf what I remember about the Great Depression from my history lessons is correct, the picture becomes quite different when you have farmers and vendors destroying food to keep the price up next to masses of people starving because they can't afford the food.
- squarefoot 7y agoThat was my point. It still happens everywhere, which I find disgusting.