3 ms·
Yes, product changes should be logged IMO so that customers can access that information. Companies essentially pass off a new product as the old product now, ly
by pbhjpbhj 2y ago
Yes, product changes should be logged IMO so that customers can access that information. Companies essentially pass off a new product as the old product now, lying to consumers. Capitalism relies on informed customers to target purchases towards the 'best' products; this breaks that ability. VC firms seem to buy well-established companies, reduce the quality and ride them into the ground, destroying a lot of value that has built up over a long time. Rinse-and-repeat and the overall value of products goes down. This is a point for government to require a detailed account of products.
It shouldn't be a mystery whether shrinkflation has occurred it should say it right on the product, and be confirmed in a government verified database.
In the UK it feels more like corrupted consumer protections. I suppose that's a type of failed, but it's not because the consumer protections were bad, it's because they were removed by a government who work for (or just are) the capitalists rather than the demos.