Re:Why income share agreements did not work out
by frederikvs on Wednesday March 23, 2022 @04:19PM
(#30782814)
See also : the Sam Vimes "Boots" theory of socioeconomic unfairness.
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Re:Why income share agreements did not work out
by ars on Wednesday March 23, 2022 @04:46PM
(#30783127)
I've always hated that story, because if you go into a "goodwill" type store and look at the used shoes you'll quickly realize it's not actually a true story.
There are places where it's true - for example short term rent. And buying in bulk.
Buying used is not one of those places. Buying used is the correct thing to do for someone with low income.
Re:Why income share agreements did not work out
by mrguyorama on Wednesday March 23, 2022 @05:00PM
(#30783300)
The story is not used boots vs new, it's shitty, Walmart brand boots vs being able to afford the really nice L.L. Bean boots.
It's starting to lose its meaning unfortunately, as most companies realize you can just charge a lot of money for the cheaply made shit and most consumers just don't have easy options to avoid buying it.