Of course, 15 years back, I bought dubious 32' Sony "smart" TV (it had TH-cam, that later on dissappeared leaving useless services) for a bit over $800, nowadays same size TV set on Android costs $170 (even Sony cannot afford to rise price of their equivalent product much higher, so they dropped this market niche altogether) while everything else starting from groceries, through clothes to cars doubled in price, so there must be a reason why making better products became possible for a fraction of the price of the original while all the supplies, energy and labor costs went up.
The advance of technology keeps reducing the cost of achieving the same design goals. The capitalist system is designed to do just that. The prices remain the same as the manufacturer reaps the rewards until a competitor enters the market and competes of price for the same features/quality using what has become commonplace technology. The problems are that without real competition the consumer will never see the benefit of the advances in efficiency. With products that are constrained by natural limits like farmland and sunshine and water the price will keep climbing as the global population keeps increasing due to the well understood supply and demand effect. In this case the prices will climb and because the resources are limited there can not be any profitable competition unless they innovate in some other way. They do this by using cheaper raw materials or lobbying for government subsidies (tax breaks, import duties, reduced standards) or simply reducing quality by supplying better to the price point that the market can bear. This results in poor quality food or food made with subsidised unhealthy ingredients. As long as people are trapped the system will milk them for every penny. As soon as 51% (probably less will already result in serious changes) of people are living even partially off grid, growing their own food and purchasing only durable capital goods instead of advertised consumables the system will have to change to accommodate people who can say NO. Att that time the greed potential will be reduced and the shift in capitalism will move to some other focus. Currently a listed company is obliged to maximise share prices and dividends, all other activity is a loss to them. So if they can lobby government to make their product more favourable they will do this even if their product is worse for the consumer. Only on industry has a total liability shield in the USA so they have no incentive at all to make a safe or effective product and consequently they do not and instead spend the millions on lobbying to earn the billions.
@KallePihlajasaari With all the respect I'm capable of, you are trying to agitate and propagate certain misty ideas and mind constructs to a man born, lived, served the army and attended university in soviet occupied european country, lead to the bright future of communism by devoted servants of their soviet masters (that's the strictly polite phrase replacement, not the one I meant), so forgive me I applied diagonal reading technique to your reply. I could properly debate in details and I'm even properly educated (even overly educated to do just that), but I have no interest in it, nor does such a debate trigger any emotional response in me.
@@deepblueskyshine No worries, just my observation of what happens in the world. I will have to now investigate what diagonal reading is, sounds like a possible shortcut for some applications and learning is fun.
@KallePihlajasaari I'll spare you the initial effort: it's a sacred masonic practice secretly passed from a grandmaster to a grandmaster to be used while reading the initial request for service letters in the part of wishes specification. ;)
Patrick you make great videos mate.Keep up the great work and you deserve to get to 1000 subscribers soon👍
@Hobbyscrapperaustralia just hit the 1000 yippy thanks you so much scrappers
@@patrickwilliams4613 well deserved mate👍
Serdeczne pozdrowienia ze Śląska! 🇵🇱💙 Cudowny film, zostawiamy dużo miłości i uśmiechów! 👍💙💙💙
Thank you so much for watching and subscribing
man i just love saving stuff boards so many things can be reused
Thank you so much for watching
Of course, 15 years back, I bought dubious 32' Sony "smart" TV (it had TH-cam, that later on dissappeared leaving useless services) for a bit over $800, nowadays same size TV set on Android costs $170 (even Sony cannot afford to rise price of their equivalent product much higher, so they dropped this market niche altogether) while everything else starting from groceries, through clothes to cars doubled in price, so there must be a reason why making better products became possible for a fraction of the price of the original while all the supplies, energy and labor costs went up.
@@deepblueskyshine true thank you so much for watching much appreciated
The advance of technology keeps reducing the cost of achieving the same design goals. The capitalist system is designed to do just that. The prices remain the same as the manufacturer reaps the rewards until a competitor enters the market and competes of price for the same features/quality using what has become commonplace technology.
The problems are that without real competition the consumer will never see the benefit of the advances in efficiency.
With products that are constrained by natural limits like farmland and sunshine and water the price will keep climbing as the global population keeps increasing due to the well understood supply and demand effect. In this case the prices will climb and because the resources are limited there can not be any profitable competition unless they innovate in some other way. They do this by using cheaper raw materials or lobbying for government subsidies (tax breaks, import duties, reduced standards) or simply reducing quality by supplying better to the price point that the market can bear.
This results in poor quality food or food made with subsidised unhealthy ingredients.
As long as people are trapped the system will milk them for every penny. As soon as 51% (probably less will already result in serious changes) of people are living even partially off grid, growing their own food and purchasing only durable capital goods instead of advertised consumables the system will have to change to accommodate people who can say NO. Att that time the greed potential will be reduced and the shift in capitalism will move to some other focus. Currently a listed company is obliged to maximise share prices and dividends, all other activity is a loss to them. So if they can lobby government to make their product more favourable they will do this even if their product is worse for the consumer.
Only on industry has a total liability shield in the USA so they have no incentive at all to make a safe or effective product and consequently they do not and instead spend the millions on lobbying to earn the billions.
@KallePihlajasaari With all the respect I'm capable of, you are trying to agitate and propagate certain misty ideas and mind constructs to a man born, lived, served the army and attended university in soviet occupied european country, lead to the bright future of communism by devoted servants of their soviet masters (that's the strictly polite phrase replacement, not the one I meant), so forgive me I applied diagonal reading technique to your reply. I could properly debate in details and I'm even properly educated (even overly educated to do just that), but I have no interest in it, nor does such a debate trigger any emotional response in me.
@@deepblueskyshine No worries, just my observation of what happens in the world. I will have to now investigate what diagonal reading is, sounds like a possible shortcut for some applications and learning is fun.
@KallePihlajasaari I'll spare you the initial effort: it's a sacred masonic practice secretly passed from a grandmaster to a grandmaster to be used while reading the initial request for service letters in the part of wishes specification. ;)