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Long-term benefits of the Coronavirus Pandemic
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<blockquote data-quote="Oberrheiner" data-source="post: 1314839" data-attributes="member: 15788"><p>But what does competition mean ?</p><p>It's almost always a simple race to the bottom.</p><p></p><p>Let's take your example of TVs, what do people see when buying ?</p><p>Size and price.</p><p>That's it.</p><p></p><p>Do they know how long before it breaks ?</p><p>How repairable it is ?</p><p>How much pollution it generated before (production), during (toxic paint, VOCs, etc) and after (recycling .. or lack thereof) its lifetime ?</p><p></p><p>If everything was being equal yes we could use some abstract concept such as competition.</p><p>But we are never comparing the same products, and in fact very, very far from it.</p></blockquote><p></p>
[QUOTE="Oberrheiner, post: 1314839, member: 15788"] But what does competition mean ? It's almost always a simple race to the bottom. Let's take your example of TVs, what do people see when buying ? Size and price. That's it. Do they know how long before it breaks ? How repairable it is ? How much pollution it generated before (production), during (toxic paint, VOCs, etc) and after (recycling .. or lack thereof) its lifetime ? If everything was being equal yes we could use some abstract concept such as competition. But we are never comparing the same products, and in fact very, very far from it. [/QUOTE]
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