Thursday, 23 September 2021

The Great Lightbulb Conspiracy

quote [ The Phoebus cartel engineered a shorter-lived lightbulb and gave birth to planned obsolescence ]

Competition isn't profitable. Collusion is the capitalist way.

From what I could find, corporate collusion in general and the Phœbus S.A. Compagnie Industrielle pour le Développement de l'Éclairage in specific are both well documented things.
[SFW] [business]
[by the circus@7:28amGMT]

Comments

mechanical contrivance said @ 5:41pm GMT on 23rd Sep
Isn't collusion just game theory put into practice?
the circus said @ 7:30pm GMT on 25th Sep
Pretty much. The goal of business is to get as close to a monopoly as possible.

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