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It’s not greed. It’s just capitalism.
Funny, the more I learn about corporate greed the even less I like it, in fact, I strongly dislike it.
Then don’t buy the product
If you are talking about low competition industries that’s a different story
So this is obviously McDonald’s but manufacturing suffers a similar path:
- Make high quality and respected product onshore
- Get purchased by vulture capitalist
- Lower standards to increase profit
- Product is offshored to cover up falling sales
- Quality nosedives
- Once the customer base catches on sales nosedives
- Lower quality even more and brand becomes a joke
- Get purchased by mega conglomerate who collects brands like Pokémon
- Rival product gets made onshore by a small team who used to work for you
See Doc Martin and Solvair or Hunter Wellingtons or any other of a large number of former halo brands. Filson is one going through this right now
Why do they let step 2 even happen? Is it just that the creators don’t actually give a shit about their product/brand, and just want an easy, big pay day? Screw their employees?
Money. The answer is always money.
