3 ms·
$3k-$4k cars, or enclosed golf carts? In the first world, I'd say: - the usual Big Government stuff (industry-specific regulatory, bureaucratic, & legal moats
by bell-cot 2y ago
$3k-$4k cars, or enclosed golf carts?
In the first world, I'd say:
- the usual Big Government stuff (industry-specific regulatory, bureaucratic, & legal moats)
- brutal economies of scale for highly complex large manufactured goods
- public-good-doesn't-count-for-shit capitalism
That last one is especially brutal. If you could make $20K by selling one $80k SUV, vs. $20K by selling 100 $3k cars (each with a $200 profit) - then it's damned obvious which way you'd want to go. From marketing, to staffing your showrooms, to sales paperwork, to customer complaints, to the long-term legal and forced-recall liabilities - trying to sell the 100 affordable little cars is a 100X worse choice for you.