this post was submitted on 28 Dec 2023
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I've got family members who think consumers drive demand and don't believe that capital both restricts and drives consumer "choice"
This is very common sadly, especially from people who have been fed modern econ theory that tries to convince you that the market is some autonomous mechanism that we can all control to the same degree and that it's not controllable by the bourgeois class according to their interests.
Anyone got a good easy to explain response?
marketing.
the naïve view is of course that the best product will "win" in a market, but you don't need to be good to sell. you just have to sell to sell. Who has money to pay for advertising? who determines what products are on the market and how long the warranty lasts?