4 ms·

This only works in pure free markets, which generally do not exist.

• aargh_aargh 3y ago
  What are you arguing? What's unfree about the section of the knives market relevant to the example? The government isn't forcing/incentivizing them to buy the cheaper products. Economic considerations are.
  • MatekCopatek 3y ago
    The average consumer lacks the knowledge and skill to objectively assess the quality of a knife, the seller is aware of that and manipulates them through advertising. Is a democratic election free if everyone voted freely, but was under the influence of widespread propaganda?
    • aargh_aargh 3y ago
      If they weren't able to objectively assess the quality, they surely wouldn't be complaining, would they? But you mean pre-sale assessment, and that's again not an issue of skill because this is a repeat game. They are well aware by now that they're being manipulated but still price wins over quality. I'm not going to argue the political metaphor because I feel the parallels there are too far apart to be a useful comparison.