this post was submitted on 03 Sep 2023
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I'm not sure competition would help too much. The incentive just isn't good, because companies tend to focus mainly on price, rather than quality. If a factory makes a worse product, but does it for cheaper, then that is what will get picked.
I think it depends on shopper and circumstance.
For some shoppers the cheaper item works. For others wanted a better qualiy item isn't unrealistic, and both are offered on the shelves.
Add to it, you may want a meh quality hammer when you're just doing work that would really wreck a nicer one
This is why we all need to shop local. I can't remember the last time I've been to Walmart