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by rsynnott
2094 days ago
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> On the surface, I assign this to nostalgia and maybe survival bias There's some aspect of truth to it in some industries (though not cars, as you say). Kind of. So a washing machine that you buy now probably won't last as long as a washing machine that you bought in 1980 (though it will be cheaper to run). The catch is that the purchase price is, in real terms, _much_ lower. And you can actually buy washing machines that last a long time today, but most people simply aren't willing to spend thousands on one. The modern machine costs a few hundred euro and if the drum goes, well, that's the end, buy another one. You can get one with a replaceable drum for maybe 1500 euro, but you're probably not going to, realistically. |
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i don't believe that. A company selling washing machines have incentive to make one that breaks _just_ after the warranty expires, so as to enable more sales. It can't be both true that the consumer saves money, and the company maximizing profit. One of the have to suffer - and it's usually the consumer.