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by Panzer04
57 days ago
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In theory, competition is what prevents this. If these small companies can sell products that provide more value then consumers buy the alternative. I think the problem today is that it's extremely difficult to tell when you're buying quality or a brand. If there's a 40$ and a 100$ backpack, often the 100$ version does not actually have meaningfully improved quality - just better marketing. The same goes for tons of products - brands nowadays are something companies build while they're young and relentlessly smash into the ground as they age because the value you're destroying isn't obvious. Shareholders get good results, and objectively it's probably the correct financial decisions for the company - doesn't make it any less shit. |
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