alt Hacker NewsEverything has become a lemon market: https://en.wikipedia.org/wiki/The_Market_for_Lemons
Even if a brand stays solid for 100 years, for all I know as I'm standing there in the store deciding whether to buy something, private equity bought them two quarters ago and hollowed them out. Harvard MBAs/private equity sees brand reputation as just another resource to be converted into money.
If I were a billionaire my dream would be to create a logo for the "We Put The Extra 10% In It" program where products could advertise that they put the extra effort in. What is really sad to me is that so often it's not even that much extra effort, which is why I say 10% and not 100% or 10x. So often it's just "used a 5 cent metal part instead of a 1.2 cent plastic part". But without a reliable signal that the effort is there MBAs/private equity turns every market everywhere into a lemon market. Way too much tech is applied in manufacturing to turn everything into a lemon market.
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I wish more brands would follow the Newman’s Own charity model. All profits go to charity, so there isn’t an incentive to hollow out the brand, and the products are a reliable quality at a decent price.
Apparently they set up an organization to help other people do this: https://100forpurpose.org/
One signal (not fool proof, but often a good signal): what length of warranty do they offer? If some brand has a warranty significantly above the average for the product type, that can be a good sign.
And I'm not talking about offering extended warranty programs or such here. Just the basic warranty everyone gets when they buy the product.
Worker owned cooperatives could be a reliable indicator however i'm not sure there are many examples of this being scaled upwards, like could an airline do that? Could they even have an option for a worker owned company provide an alternative for everything in the economy? You need capital to make a competitor and all the capital is rapidly being sucked up by the people enshittifying everything.
The answer probably lies in fixing government so that they can go after these players. However to fix government you need massive buy in from both the left and the right and there lies the crux. Our system forces us to cater to the lowest common denominator voter. Until that is fixed we can't go back to the status quo. Maybe its not possible anymore as our currency gets inflated down to nothing.
The alternative could be to just live in this enshittified system, leave the US to a country with a functioning government, or just accept that mass consumerism has run its course and lower your lifestyle needs to only own less items but of higher quality that have been researched(this requires time investment so you are forced to research what is good which limits how much you can cover if you consume too much).
And yet it's socialism that has a reputation for shoddy products. How many people want to buy a Lada?
Yeah, hardly anybody in it for the long-haul. I hear we might be living longer relatively soon, maybe that will change the mindset.
Yeah. On various "Buy it for life" forums it's a daily occurence that someone mentions a brand they bought 5 years ago and then someone chimes in that they were sold or restructured last year and now it's no longer "buy it for life".
Some brands kind of split up so products sold in one market is cheap knockoffs while products sold in the home market is still high quality manufactured at the old factory with 100 years old machinery and experienced workers. If you want to buy quality you've got to do deep research first.