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I think my most genuinely unpopular take is that a widely held and genuine consumer preference for cheaper, lower-quality goods, not private equity, is driving the decline in quality of consumer goods like clothing and housewares.

Nobody prefers lower quality goods. People can only afford the lowest quality goods and so are forced to make do with them.

People prefer cheap goods and they are willing to accept lower quality in pursuit of that.

That is a drastically different statement than, “people prefer lower quality goods”. People prefer lower costs because they’re poor. Low quality is the unfortunate reality we have to accept.