This is slightly reductionist. If consumers _actually_ cared about quality or US-made over price this wouldn't have been possible.
This is slightly reductionist. If consumers _actually_ cared about quality or US-made over price this wouldn't have been possible.
My counterpoint is that it’s not possible to buy appliances which last for decades anymore, because the entire industry has changed. Consumers eventually don’t have a choice
They have much less choice because all of those businesses that cared about quality have gone out of business!
100 years ago clothes were expensive items. Which is why they were class signals - less because of fashion and more because if you were poor you needed to buy long lasting fabrics. Clothes for the poor were expensive as well as the rich.
You can buy those same quality items today but nobody will because we expect clothes to be cheap and not have to repair them.
Take flights... For all the complaints about lack of legroom etc the price of a flight 50 years ago was the same as first/business class today. And yet how few people will pay for it. They'll grumble about small seats and bad snacks but hardly anybody will fork out for the upgrade. Not because they can't actually afford it but because they believe it should be cheaper.
I think some people can afford those quality goods, the same percentage roughly as could afford it before things got cheaper. The people complaining are people who couldn’t afford those quality goods earlier and now are buying the cheaper versions they can afford. But that has shaped broader consumer preferences for cheaper goods across the board
When a manager at GE decided to turn into a bank and get rid of all the making stuff, how was the consumer supposed to continue buying quality things that didn't exist?
When Sears was looted by management, how were consumers supposed to continue purchasing quality stuff from a historic company?
You've got your cause and effect backwards. American companies fired everyone who was paid enough to afford good stuff, and replaced them with workers in other countries, and then those people didn't really have a choice but to buy the junk because it was the only option left on the market and they couldn't afford anything else
What happened was that American business theory abandoned the American worker.