Re:Workers on Samsung factory site battle police in Vietnam
by seabee on Thursday January 09, 2014 @11:10AM
(#7031252)
It should only require a small shift in the thinking of armchair economists that companies compete on value, of which price is one aspect of varying importance. The continued existence of branded/premium commodity items and luxury goods is sufficient proof of that.
Well, yes actually, if the higher cost of those products buys me something that I believe to be worthwhile. There's a whole bunch of stuff I am willing to pay more for, higher quality, better customer service, local ownership or representation, good labor practices, environmental concern, and on and on. I hate this idea that somehow price is the only thing that companies can compete on.