On 22/02/18 08:47 AM, John Paul Adrian Glaubitz wrote:
On 02/22/2018 02:34 PM, Anton Aylward wrote:
I sometimes wonder why people don't have a better understanding of economics. There are always (at least) two possible economic reasons for things like this.
No, there isn't really an alternative explanation. Manufacturers stop producing a certain technology if the market shrinks below a certain size that it's no longer viable to manufacture and sell a product.
That's one explanation. It is valid. Another is that their competitors can, quite consistently, produce a product -- even if of inferior quality but still acceptable to the market -- for less, and sell it for less. This is quite commonplace with maturing t4chnologies and their methods and with in maturing markets. We've seen that shakedown in many other industries. The traditional industries of the UK, for example, coal and steel production, ship building, died away (despite government subsidies by the socialist governments) as Asian competitors could better them. And we've seen that cycle repeat itself with other technologies. We're seeing it with the energy sector and in the long run government protectionism won't work. -- What goes around comes around. -- To unsubscribe, e-mail: opensuse-factory+unsubscribe@opensuse.org To contact the owner, e-mail: opensuse-factory+owner@opensuse.org