Earlier quoted context omitted.
Not really. Regular retailers aren’t immune. Let’s be real too: nobody’s going underneath the sofas at Crate and Barrel to see how they’re constructed. It doesn’t really matter that you can see and touch them. I don’t even think the luxury brands are much better (e.g., RH). They’ll give you some solid woods and finer materials where you can see them. They are better but not by the amount I would like. The cheapness i…
> nobody’s going underneath the sofas at Crate and Barrel to see how they’re constructed. I also don't really know what to look for. Most people don't. In the past you could more or less rely on the store being somewhat reliable and somewhat trustworthy. I say "somewhat" because of course you wouldn't fully trust a salesman, but by and large: you could more or less trust that something was "quality" if it was adverti…
That is classic capitalism. Econ 101 notions of efficient free markets rely on all participants being perfect rational actors with perfect information. Snake oil salesmen have always relied on the fact that those assumptions are inaccurate.