this post was submitted on 22 Nov 2023
953 points (97.8% liked)

Memes

45902 readers
1239 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
953
submitted 1 year ago* (last edited 1 year ago) by MaliciousKebab to c/[email protected]
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 11 points 1 year ago (2 children)

On one hand yes, if everyone stopped buying their product then the company would go under. Just like if you just eat less, you'd lose weight

But these such oversimplifications that they lead to the wrong conclusions. You want to lose weight? Learn about nutrition, avoid triggers, and learn to cook from single ingredients. Raw willpower can work... But it's basically the worst strategy. Most people can't do it, and most of them that do regain the weight within 18 months

You want companies to stop doing consumer hostile things that destroy companies? You need to look at the small number of people making profits on the process of destroying the company

The problem with economics is that it's taught like a religion. You get nice, believable mechanisms, but not only are they not tested empirically when they're adopted, it takes decades of being obviously false for the idea to lose steam.

Inflation is an example... Wage growth is empirically not tightly coupled to it - we have the numbers, they aren't ambiguous. But you tell this to people and they'll scoff, because the commonly used model of economics says so in a neatly packaged narrative.

Voting with your wallet is the same. Refusing to buy a product does not push a company in a desired direction, they'll (accurately) see it as a pr and/or marketing problem. It's cheaper to change the minds of consumers than the build better products, it's cheaper to lobby governments than to clean up after yourself, and it's easier, more reliable, and highly profitable to reposition yourself to win big by tanking a company than it is to making it better

[–] [email protected] 5 points 1 year ago

I fuckin hate how right you are.

goddammit.

[–] [email protected] 3 points 1 year ago (1 children)

Regarding your last paragraph: asking for forgiveness is cheaper than asking for permission (when you're rich)

[–] [email protected] 4 points 1 year ago

Oh, I'm not talking about asking for forgiveness... What I'm saying is that you can straight up make enormous profit in tanking a company, and it's not even illegal. You just have to do it right