In Reply to: RE: Precisely so! posted by PAR on September 13, 2017 at 10:56:48:
> > When I got there I coudn't believe that the people had nothing. Not even refrigerators. If you wanted cold milk you put it outside on the window ledge < <
Hi PAR,
And all of these kinds of things were blamed on Lucas (the UK equivalent of GE), who made everything from automobile electrical parts (relays and switches) to household appliances (refrigerators). I now wonder how much of that was simply because Lucas had to pinch every penny they could to make things that the Brits could afford to actually buy.
We are seeing a return to this situation in the US currently. The average working-class person can only afford to buy low-quality Chinese-made products. The worst thing about it is that they are literally designed to fail shortly after the warranty expires. This ensures that workers will be perpetually working to buy cheap things that need frequent replacement. I call it "capitalism eating itself".
Best,
Charles Hansen
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Follow Ups
- RE: Precisely so! - Charles Hansen 09/13/1713:16:25 09/13/17 (1)
- That Lucas reputation - M3 lover 11:20:11 09/19/17 (0)