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Living Room / Re: Products designed to fail, a documentary
« on: November 06, 2011, 12:34 PM »
This is older than even the USA.
When the Spaniards built a pot they made one that would last at least 50 years. When the British built a pot, they made one that will last for 2 or 3 years.
Thus the Spanish Empire build expensive things that did not require to be change in a long time. While the British Empire build things that where cheap but require you to replace them frequently. Leading to the British empire to have a stronger economy.
So incompetence can actually be better for the economy :)
When the Spaniards built a pot they made one that would last at least 50 years. When the British built a pot, they made one that will last for 2 or 3 years.
Thus the Spanish Empire build expensive things that did not require to be change in a long time. While the British Empire build things that where cheap but require you to replace them frequently. Leading to the British empire to have a stronger economy.
So incompetence can actually be better for the economy :)