The Argument against Planned Obsolescence
Planned obsolescence is often considered to be a part of the capitalist ideology. The supposed logic behind planned obsolescence is that capitalist companies put inferior components in their products. As a result, these products do not last as long. Since the products break down sooner, the customers are forced to buy new products.
Opponents of capitalism, often cite planned obsolescence as the sort of evil that gets propagated as a result of capitalism. According to them, not only does planned obsolescence have economic costs but also environmental costs. This practice has been vilified as being the reason why resources are wasted on such a large scale besides also burning a hole in the pockets of most consumers.
In this article, we will look at the other side. We will try to understand why planned obsolescence doesnt really exist in reality, but is instead the figment of the imagination of commentators who hate capitalism.
The Problem with Planned Obsolescence
Authorship/Referencing - About the Author(s)
The article is Written By Prachi Juneja and Reviewed By Management Study Guide Content Team. MSG Content Team comprises experienced Faculty Member, Professionals and Subject Matter Experts. We are a ISO 2001:2015 Certified Education Provider. To Know more, click on About Us. The use of this material is free for learning and education purpose. Please reference authorship of content used, including link(s) to ManagementStudyGuide.com and the content page url.