4 ms·
It's true that the market gives people what they "want", in the sense that they choose to buy that. That's almost a tautology. But most of the time they choose
by Al-Khwarizmi 4y ago
It's true that the market gives people what they "want", in the sense that they choose to buy that. That's almost a tautology.
But most of the time they choose to buy that because they don't have enough information, or they have misleading information.
No one wants a pair of pants to ruin the rest of the laundry. And there is food without trans fats that tastes as well if not better, but it's easier to just put trans fats or whatever the next crap product is and not inform the consumer.
- lotsofpulp 4y agoIn case you are not aware of this concept: https://en.wikipedia.org/wiki/Supernormal_stimulus https://en.wikipedia.org/wiki/Supernormal_stimulus Pretty much all consumers know excess sugar, carbs, oil, salt, and calories in general are bad for them. Yet they still want to consume them. I went to a party last night where there were several obese healthcare professionals (doctor level). Yet they ate pizza, and one even put ranch dressing on it. The market is selling plenty of healthy food. People do not want it though, for the same reason a dog or other pet will engorge themselves if they were offered unhealthy amounts of easy calories.