Hopefully I’ve worded the question right.
I was once told (I could never verify if it was true) that a crocs company once almost went bankrupt after they made their crocs practically indestructible. Whilst the story was most likely bullshit, it makes me wonder: if a company can make a product that is practically indestructible, is it ethical for them not to make them indestructible, so people will buy more from them?
The way I look at it is, on one hand, I feel like they should make products to the highest quality if they can so that the consumer has to spend less money and that less is wasted, but at the same time if it leads to the company going bankrupt, what of the workers and their families? So I can’t decide, what do you think?
There are companies that went broke by making their product indestructible, a notable example being the maker of the wildly popular Instant Pot. They made a product that just didn’t break. This is called planned obsolescence failure and has happened to other companies too.
That being said, making flimsy shit on purpose is shady at best.
This is why capitalism is stupid at its core. It doesn’t promote anything good. It only promotes greed and enriching the top. Make the shittiest product you possibly can that people will buy, buy out every other maker of product, repopulate the sector with fake brands to give people illusion of choice.
Oldest trick in the book. And literally not 1 person I know can see through this trickery.
In capitalism making a long lasting good product is not viable at all, it makes no sense. Who gives a shit if your great grandkid is still using your oven 60 years later, the shareholders dont benefit then. Out of business. Its an idiotic system kept alive only by propaganda.
Won’t any one think of the shareholders!!
It would be so easy to fix, too.
the longer your shit lasts, the more your line goes up
Good idea
this is a failure of consumerism, materialism and greed. not capitalism.
Those are all byproducts of unregulated capitalism.
Those are all byproducts of
unregulatedcapitalism.also true
“True capitalism has never been tried” heeheehee :p
lolol
The real reason was private equity
https://www.bonappetit.com/story/instant-pot-bankrupt
The poor growth that private equity didn’t find attractive could have been due to lack of repeat purchases tho.
But it means that the company was doing fine for decades.
It’s always private equity.
Corelle/Pyrex is its own story of going from the best product to “good enough”. Simple point, if you find yourself some old stuff of theirs, hang on to it because you can’t find anything comparable anymore. Same can probably be true of other old brands of products. I found an old Whirlpool dryer that I won’t ever let go of for the same reason. What will eventually fail on it I can either fix or buy a new, cheap part.
Right. Like I also hate capitalism as it exists today, but it is definitely possible to make a living making GOOD products. You just can’t make billions doing it. Even if the product was LITERALLY indestructible, people will lose them, plus they’re always making new people. It’s just a lot slower than if you make a shit product people have to keep replacing
agree 100%. It’s only impossible if you saturate the market, which means you’re a huge player.
The company that made instant pot actually went bankrupt because it was acquired by private equity via leveraged buyout.
What you’re telling is the story the evil assholes that profit from that kind of thing want you to believe.
private equity could have slashed the product due to poor growth (due to ppl not buying repeatedly).
I agree it’s what evil assholes want us to believe, but that doesn’t necessarily make it a false claim.
Huh
Yeah it’s a right dilemma. Because on one hand, I feel like they should make products to the highest quality if they can so that the consumer has to spend less money, but at the same time if it leads to the company going bankrupt, what of the workers and their families?
It won’t in socialism. China is doing rather well, overall.
Are you implying that china is socialist?
China is socialist.
l’mao.