The shareholders losing value means that either all clothes drop to shein quality or they just stop making clothes.
replyOK. We were told creative destruction is good, if some companies exit the market and are replaced by others that offer better value then resources are being allocated more efficiently, no?
replyJust like other companies came along and offered a better Sears catalog when the internet killed their revenue?
replyPeople don't voluntarily lose money. Understand that and the world will way more understandable.
If the shareholders are rich because the poor are not clothed then fuck the shareholders and the system that made them rich.
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