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== This is not an example of "race to the bottom", it is NOT the definition. == |
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The entire article is predicated on an article called "racing to the bottom". This is a mistake, because that article may be an *example* of race to the bottom, but it is not the definition. |
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The term "race to the bottom" has always included inter- and intra-company decisions that among many things involve the decisions to lower quality in order to compete in volume. It's actually a fairly economically terrifying dynamic playing out today, and this article is only confusing people. |
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] (]) 12:40, 13 March 2021 (UTC) |
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== academic view == |
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This article seems overly academic, and more focused on price competition per se. The aspect that is NOT discussed (in a skim read at least) is the related loss in QUALITY, where products get streamlined to cut costs. |
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Example I just ran into: mens web belts, where there is no longer a leather strip with punched holes to mate up with the fastener. They all now assume you'll poke the fastener tongue (right word?) thru the belt itself. I can't find anybody selling the earlier version, which is the quality I want. |
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Which brings to mind an associated aspect: the stores (physical and online) all carry the same bottom level crap, there seems to be little quality differentiation (brand names for extra $ but little variation in actual product). |
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] (]) 11:55, 4 November 2021 (UTC) |
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Peter Welcher |
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