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It's like the Sam Vines theory of Economic Injustice: https://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economic_Injustice https://wiki.lspace.org/mediawiki

It's like the Sam Vines theory of Economic Injustice: https://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Economic_Injustice https://wiki.lspace.org/mediawiki/Sam_Vimes_Theory_of_Econom... Pay for quality. It's cheaper in the long run.

Chris2048 5y ago
The market adjusts. People pay for "quality" in an environment of information asymmetry - cheap stuff will be polished and given a high price tag. Products can do a better imitation of quality than people can discern it. Even the value of "brand" is diminishing: decent corps are bought and gutted all the time.