Quote:
Originally Posted by stone hands
but...why? this is a 100% hypothetical situation(everyone wakes up tomorrow and makes 70k) - some people will still prefer adidas to nike, or pho to pasta, or whatever else. demand for things doesnt go away by virtue of everyone having the same buying power
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No, the problem is the other way around, the demand is the same but what is the incentive to fulfill the demand?
Why bother inventing a better sneaker when you are just going to get the same pay?