Wednesday, January 16, 2013

The high cost of new and improved

Click here to access article by Pete Dolack from his blog Systemic Disorder.

We have often heard the expression "planned obsolescence" used in critiques of capitalism. Faced with his own computer dilemma, this writer provides us with much more information regarding this practice which generates tremendous waste in order to improve next quarter's financial statements of corporations. Of course, they disguise this practice behind the euphemism of "new and improved".