@david_pully
While I agree with you in principle, there is a measurable point on the sliding scale where consumers abandon principle en masse to migrate to value. The 1% that is often bashed is not in Walmart nor buying direct from Aliexpress. You actually made the point with your new purchase. Once something becomes commoditized, its a race to the bottom. On a macro level, the higher raw cost/labor cost nation is better redeploying that macro resource to an area of less commoditization.
While I agree with you in principle, there is a measurable point on the sliding scale where consumers abandon principle en masse to migrate to value. The 1% that is often bashed is not in Walmart nor buying direct from Aliexpress. You actually made the point with your new purchase. Once something becomes commoditized, its a race to the bottom. On a macro level, the higher raw cost/labor cost nation is better redeploying that macro resource to an area of less commoditization.