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This is not an example of "race to the bottom", it is NOT the definition.
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.
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. 𝓦𝓲𝓴𝓲𝓹𝓮𝓭𝓲𝓪𝓘𝓼𝓝𝓸𝓽𝓟𝓮𝓮𝓻𝓡𝓮𝓿𝓲𝓮𝔀𝓮𝓭-𝓟𝓮𝓮𝓻𝓡𝓮𝓿𝓲𝓮𝔀𝓮𝓭𝓜𝓮𝓪𝓷𝓼𝓡𝓮𝓿𝓲𝓮𝔀𝓮𝓭𝓑𝔂𝓟𝓮𝓮𝓻𝓼𝓞𝓷𝓵𝔂 (talk) 12:40, 13 March 2021 (UTC)
academic view
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.
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.
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).
2601:14C:4080:45E0:192C:A0F5:499:1910 (talk) 11:55, 4 November 2021 (UTC) Peter Welcher
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