2026-09-11 15:03 UTC
In practice, an economist's "efficiency" is indistinguishable from "brittleness" and often crosses over into "cheating." The most "efficient" companies in the world have made an art out of locking in their customers, making it so hard to switch to a rival that customers tolerate declining quality, service and affordability:
https://pluralistic.net/2026/09/06/hotels-california/#the-eagles-were-optimists
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Replies (1)
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@pluralistic@mamot.fr 2026-09-11 15:03
During the pandemic, the "efficiency" of long supply-chains, low inventory, and bare-bones staffing was revealed as a form of societal immunocompromise, the annihilation of everything we need to survive when the status quo collapses, so that disaster always becomes calamity: https://pluralistic.net/2022/06/01/factories-to-condos-pipeline/#stuff-not-money 10/