When we priced a U.S.-made version of our flagship product 85% higher than our Chinese-made one, 25,650 customers had the chance to vote with their wallets. Here’s what happened. As small business owners, we’ve heard it a thousand times: “I’d gladly pay more to support American-made.” We wanted to believe it. So we put
This is capitalism action, baby. You can talk all you want about wanting some artisanal handcrafted product but the ability to produce commodities cheaply and sell at the lowest price is a big part of what pushes capitalism forward.
Development of productive forces is what pushes history itself forward. It’s a good thing. Not unique to capitalism.