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Wednesday, February 01, 2023

The Race to the Bottom Accelerates

Race to the Bottom describes the process of competitive devaluation, where value is gutted to remain competitive with those who are grabbing market share by stripping out quality, value, durability, transparency, accountability and competence.
-Murray

5 comments:

  1. We are so fucked....

    ReplyDelete
  2. Robert Elmhorn Deardorph IIIFebruary 1, 2023 at 1:42 PM

    I think I'll start drinking early....

    ReplyDelete
  3. I heard a while ago that
    "the dildo of unintended consequences is rarely lubricated"

    Watching the so called 'elites' when reality knocks on the door, dildo firmly grasped in its hands, will be a popcorn worthy event.

    Bill from the Bush

    ReplyDelete
  4. Well, that was a cheerful little pep talk!
    Ohio Guy

    ReplyDelete

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