I think mass market paperbacks in standardized sizes hold up pretty well considering everything. My collection mostly from the 1970s and 1980s held up pretty well up to 2010 but they are going yellow now because of the acid paper. Libraries rebind them and I notice they have a lot of rebound paperbacks of the same age that have the same yellowing mine have despite better storage conditions.
Some trade paperbacks are fine but because they're not really standardized quality is all over the place. I've bought some where the binding broke the minute I spread the book out. Hardcovers are more consistent than trade paperbacks but some still fail early.
Then there are just the accidents like the book I had in my backpack when I was outside in heavy rain but I think that was one book wrecked in about 300 circulations.
I started to understand a whole lot of class or even guild warfare stuff from the past when I start to see what happens when skilled workers start to scheme for their gain against the common good. I also don't just accept unions as being good for everyone anymore for the same reason.
The sad reality is that skilled workers are just like the hot waitress index. When the economy is bad, it's a lot easier to get the cream of the crop for those who still have money. The fact that everything is still somehow decent for a few more months is exactly why it's insanely difficult to source any kind of labor for a reasonable price. Since no one can source this labor, they simply don't and do without.
Shit stayed open late during the recession. Good thing Trump is trying his hardest to put us into another one right now.
It's called "what the market can bear" and it's what corporations with marketing and sales professionals have always tried their best to do; charge as much as you possibly can without losing business. Of course, it only actually works when there is competition, and so the rising prices are kept in check by undercutting competition.... and then, _that_ only works when the undercutting competition is working to the same quality (by a code, ideally) and is subject to the same economic pressures so that it can level out fairly. If the competition is all fresh immigrants with lower CoL, or if the competition is cutting corners, all bets are off. You end up with a race to the bottom, where each individual is trying to be part of a race to the top at the same time... everyone wants more than they're worth, but those who are actually doing the best work still aren't getting what they deserve, lol!
A free market actually requires a lot of surrounding regulation to work, just like any other freedom. It's always been strange to me that Americanism seems to view freedom as the fundamental condition of man, hampered by law; ultimately most freedoms come from rule and order, because they can carve out space for one to enjoy freedoms with far fewer negative consequences.
While I am not a free market absolutist, I think your assertion is based on judging negative outcomes of a free market vs the positive intentions of regulations trying to prevent those negative outcomes, i.e. you’re not considering the negative outcomes of regulations. I don’t think any free market advocate would state categorically that they produce perfect results, merely that any attempt to prevent certain negative outcomes through law will produce different negative outcomes elsewhere.
For instance regulations tend to incentivize very large corporations to advocate for more regulation as it raises the barrier to new competition entering the market place. Another example would be over burdensome regulations that slow the production of housing which constrains supply and prices a lot of people out of the market. I would have loved to take public transit where I lived a few years ago, but they spent a decade on environmental impact studies while traffic and the environmental impact from it got significantly worse.
There’s also a time component where the effects of regulations can take decades or even generations to really play out, but people tend to only remember the well-meaning goal of the regulation if they remember it at all. This tends to be very beneficial for politicians who end up being judged not on outcomes, but intentions.
Why should they charge less? Would you want to pay 50$ for unskilled worker instead?