111–120 of 176 posts
Literally everyone I know is enlightened about this but still spent $5k on a natural diamond ring myself included. There something about it (probably just the high cost) that makes the ladies very happy even though they are “enlightened”/rational as well.
It’s the same reason men buy Rolexes.
Also don’t even question it since economic inequality going up means most of the good high end bags or watches out pace inflation!!!
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If we can replace the taste, appearance, and texture of a medium-rare rib eye with lab grown meat at a substantially cheaper price, we will.
>substantially cheaper price why substantially cheaper? Break-even would be fine too, no? And as a plus, lab-grown meat is much more ethical. I also think that replacing 'cheap' meat like ground beef would already be sufficient and would make a huge impact, there is really no need make it difficult for ourselves and try to replace rib-eye.
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Modern beef is unhealthy for humans due to grazing conditions. Maybe the lab grown stuff will be closer to conventional farming output.
Hopefully most people here getting ribeyes aren’t getting them from the same factory farms that supply McDonald’s and sell other cheap kinds of beef. A ribeye is an occasional luxury and best bought from the farmer.
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If we can replace the taste, appearance, and texture of a medium-rare rib eye with lab grown meat at a substantially cheaper price, we will.
Modern beef is unhealthy for humans due to grazing conditions. Maybe the lab grown stuff will be closer to conventional farming output.
By which you mean US style grain finished short cycle beef I guess?
The world's bigger than that.
> Demand for engagement rings gave thousands of South Africans steady work at De Beers. Now, weak sales and lab-grown stones are taking it away. So wait, on this Labor Day weekend, it sounds like the WSJ is pro-worker, but only if they're in South Africa?
The market for natural diamonds will cease to exist when you can buy lab-grown versions for a couple bucks. They wanted to differentiate between natural and lab-grown versions with the former being much more expensive. But that train has left the station since there's little to no difference in quality between the two. In fact, I once predicted there'd be huge scams where lab-grown ones would be repackaged and sold a…
I knew someone who was an economist for a major jewelry company and he said ~15 years ago that the writing was on the wall that lab grown diamonds were going to decimate their sales. He wanted them to start promoting them and be the more ethical and green alternative. He did not last long there.
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> The market for natural diamonds will cease to exist when you can buy lab-grown versions for a couple bucks. Just like the luxury watches market ceased to exist when you could buy quartz watches for 10 bucks.
Well the privet to luxury was due to quartz watches taking their core business, and now Chinese superclones are in the early days of threatening their luxury business. At a certain point it’s hard to care about the residual difference.
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I would describe it at showing how poor/unproductive the rest of Botswana's economy is. Or is the theory here that De Beers somehow keeps the part of the Botswanian economy they don't participate in poor/unproductive?
De Beers was founded by the guy whose colonial governance helped make the region as economically depressed as it was. When Debswana was founded, De Beers was taking something like 85% of the profits from Botswana's natural resources. That's like if I burned your house and farm down, then a few later I discovered oil on your land and offered to help you drill for it in exchange for a little over an eighth of the profi…
> Demand for engagement rings gave thousands of South Africans steady work at De Beers. Now, weak sales and lab-grown stones are taking it away. So wait, on this Labor Day weekend, it sounds like the WSJ is pro-worker, but only if they're in South Africa?
WSJ’s journalism is center-left and trustworthy. Their editorials are written by right-wing sycophants and lunatics.
> Demand for engagement rings gave thousands of South Africans steady work at De Beers. Now, weak sales and lab-grown stones are taking it away. So wait, on this Labor Day weekend, it sounds like the WSJ is pro-worker, but only if they're in South Africa?
WSJ’s journalism is center-left and trustworthy. Their editorials are written by right-wing sycophants and lunatics.