it is kind of strange. $3000 seems like a lot of money for a low quality couch. So I am being told that both prices of furniture went up and quality went down o

it is kind of strange. $3000 seems like a lot of money for a low quality couch. So I am being told that both prices of furniture went up and quality went down over time. How does that happen exactly? The article doesn't go into it and instead just quotes some executive saying he stands behind the quality blah blah blah... If I had to guess, I think the undue influence we give to MBAs leads to things like financialization of products. This means cost cutting and profit maximization. I think it's probably that combination that led to this. It wouldn't surprise me if the MBAs decided they could cut quality, outsource, and increase the price at the same time because it could be shown on a spreadsheet so obviously that dictates what should be done.