⟳ Репост от Daniel Drezner
I think this thread is basically what I believed when I began covering the consumer system and while a lot of what Nathan is describing is factually correct as to the mechanisms by which the system itself works, I’ve eventually had to admit that a lot of people also do just love cheap bullshit
Nathan TankusI think this is fundamentally wrong but in an interesting way I will need to write about sometime. The key is a) consumers do not choose what is produced, or how, they choose between what is produced. This is a crucial difference