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by gottorf
848 days ago
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> China didn't succeed because they can make better T-shirts than the US. They succeeded because they made cheaper T-shirts. Can China make the same quality T-shirts as the US, but at a cheaper price? Then it could be considered better. For most things involving ordinary people, what matters is not what the highest possible quality thing is given no price constraints; what matters is what is economically feasible. |
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People care about quality in many profitable very large industries: health care, technology, military, automotives, aircraft, etc.
Do you really want to fly on the cheapest airplane money can buy?
No.