I am certainly not the first person to notice the peculiar “race to the bottom” that happens when products are commoditized. But it is been much in my thoughts recently as I observed the annual tragedy of holiday price wars. How can a company economically produce a DVD player, tablet computer, or even a string of Christmas lights at the prices we see today? Working conditions, … [Read more...] about The Downward Spiral: How Economic Pressure Turns Commodities to Junk