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Tupperware, company known for its plastic containers, files for Chapter 11 bankruptcy
(www.usatoday.com)
this post was submitted on 19 Sep 2024
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On some level their product is too good--sell it once, and that's it. You own it, and it lasts forever.
Products can break, people are born and grow up an eventually need to buy that kind of thing. Some of it can break or wear out even if most of it last decades.
The problem is expecting never ending exponential growth because of the pressures of capitalism instead of finding a stable level of production and making that profitable. Especially with buy it for life products.
This makes room in the market for a company that makes subscription-based plastic containers that steal your data.
That's a weird way to spell innovation
So does trying for exponential growth, or really selling anything at all.