this post was submitted on 22 Jul 2023
2098 points (97.4% liked)
Memes
45746 readers
1550 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Companies would rather sell more product then pretend for it to be rarer (except for stuff like diamonds but those are selled to rich, successful people anyway)
That's such a naïve thing to say. Artificial scarcity is incredibly common and used as a marketing tool by nearly every industry. My favorite example is when digital content has "limited edition" copies.
Literally what are you talking about??? Why would a company not enforce artificial scarcity, it means they have to produce less and their product is more valuable per item. It costs companies to produce more product, they’re not interested in selling a good product just anything that will keep profit margins high. If anything they’d lay off the actual laborers to keep their executives nice and comfy while “cutting costs” across the board. Why do we subsidize farmers to overproduce and we still have people suffering food insecurity?