I’ve been working on this one for a while, Pamela.
The parts that are still not completely clear to me:
Thiers and Grisham’s laws are about “good” vs. debased currency. I’m not yet seeing how it applies to the consumer becoming more curatorial. Is the “bad” currency in this case the curated object, or the value that is supposedly added through curation? Where the “good” is the actual “value” of the commodities and processes in the object?
I totally get that scaling isn’t always good, and that the industrial supply chain needs to be challenged. But how can fully customized supply chains work when there’s no scaling at all? Might this work better with groups of people coordinating, somehow? So those of us who want our yogurt made with goats from a particular farm can create a bigger connection pipe between our yogurt maker and our goat farmer? While an industrial economy of scale may be too big, isn’t total individual customization too small? Don’t the shipping and one-batch costs for objects in the real world end up costing more than the thing itself?
There’s a sourcing question here that has also become part of sick consumer culture. Like you watch Martha Stewart and find the guy who she loves who makes conspicuously crafty kitchen cabinet hinges. And wealthy easterners spend zillions on each one.
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