this post was submitted on 30 Jul 2024
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Corporate Greed (lemmy.zip)
submitted 3 months ago by balderdash9@lemmy.zip to c/memes@lemmy.world
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[–] tankplanker@lemmy.world 92 points 3 months ago* (last edited 3 months ago) (11 children)

So this is obviously McDonald's but manufacturing suffers a similar path:

  1. Make high quality and respected product onshore
  2. Get purchased by vulture capitalist
  3. Lower standards to increase profit
  4. Product is offshored to cover up falling sales
  5. Quality nosedives
  6. Once the customer base catches on sales nosedives
  7. Lower quality even more and brand becomes a joke
  8. Get purchased by mega conglomerate who collects brands like Pokémon
  9. Rival product gets made onshore by a small team who used to work for you

See Doc Martin and Solvair or Hunter Wellingtons or any other of a large number of former halo brands. Filson is one going through this right now

[–] Exatron@lemmy.world 11 points 3 months ago (1 children)

Craftsman was the first brand that came to mind.

[–] hydrospanner@lemmy.world 3 points 3 months ago

Tool brands were exactly my first thought as well.

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