> > Nobody stops you from paying $1000 for a shirt made by artisans right now. Do you want to? > If you don't do <insert extreme edge case> then your point is

> > Nobody stops you from paying $1000 for a shirt made by artisans right now. Do you want to? > If you don't do <insert extreme edge case> then your point is invalid. /s. > Look, you dont have to pay $1000 for a shirt made by an artisan to get a quality shirt. It can be a bit more expensive, but much cheaper than that. And this can be true while being fair/reasonable to the artisan and also to the person acquiring it. In the ideal case, this would be true: Following classical economics, there would be some predictable demand left as you go up the price curve, assuming genuine quality & labour. However, this doesn't seem to be the case. The existence of low-cost mass-produced options leads to the satiation of demand above that spot of the curve. There still exists demand, but it's weirdly lower than predicted. People can shop down the price curve, but relatively fewer would do the opposite.