you can increase perceived value through manipulation. Shrinkflation, cutting your product with something cheaper and worse, paying your employees less, lobbying the government to cut your costs, or punish your rivals, etc. All of these things increase perceived value, through fooling (defrauding) your client base. If you were doing it with a luxury good, well that’s one thing. But in capitalism, we’re seeing this being done with necessities. Food, water, healthcare, education, transportation, internet, a place to live.
Yes, thoes are some of the options you have. Markets are to some extend composed of fraud, despite this they’re still the most efficient instrument to reward value generation.
you can increase perceived value through manipulation. Shrinkflation, cutting your product with something cheaper and worse, paying your employees less, lobbying the government to cut your costs, or punish your rivals, etc. All of these things increase perceived value, through fooling (defrauding) your client base. If you were doing it with a luxury good, well that’s one thing. But in capitalism, we’re seeing this being done with necessities. Food, water, healthcare, education, transportation, internet, a place to live.
Yes, thoes are some of the options you have. Markets are to some extend composed of fraud, despite this they’re still the most efficient instrument to reward value generation.