|
|
|
|
|
by dual_basis
2531 days ago
|
|
The Nike sweatshop situation is actually a counterexample to your point. People complained and, at least according to what I read, not only did Nike change but they lobbied for legislation to force their competitors to change as well. |
|
> People complained and, at least according to what I read, not only did Nike change but they lobbied for legislation to force their competitors to change as well.
They realized their sales would drop unless they started spending more on manufacturing costs - which would decrease profit. Solution? Make all your competitors spend more too. That way we all make less profit, instead of me making less and everyone else taking over the market with their higher margins.