Almost nobody appreciates how expensive clothes used to be, even as “late” as 200 years ago. A shirt was once thousands of hours of labor; scarcity logic flows directly from that. The shirt you can buy at Walmart for ~$2 is a superior artifact along most product dimensions.https://twitter.com/morganhousel/status/1260287299213864960 …
-
-
One of my views that the world is changing in a way which is not evenly distributed is the economics of food production are following the economics of clothing production in such a fashion that most people producing it outside of the market economy will be outcompetes and stop.
Show this thread -
This implies that cooking for one’s family won’t go away but it will be a more niche lifestyle choice in the future, similarly to how “Oh yes, I sew most of our clothes” is in 2020. That was not a very niche preference back in living memory.
Show this thread
End of conversation
New conversation -
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.