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atomicnumber3 5 hours ago

Lego is branding, curation and quality bar, though. They're the Apple of bricks (weird sentence).

There's tons of lego-knockoffs and of not even such lesser quality that the difference can be perceived by casual inspection. The set-to-set quality bar is really where it is, especially among their set lines not targeted at children or low-end of market.

But none of those sets have any kind of staying power. There's Expert/Creator/Modular sets from 20 years ago that sell for $500-1000 _opened and pre-built/re-disassembled_. That's all brand power.

So they're less about $/brick (though i know people scrutinize it) and more about price point and brand. Phrased differently, having your brick company race to the bottom sounds like a losing strategy.

AdamN 5 hours ago | parent [-]

Yeah I don't know what this person is on about. Lego is obviously premium and ... charges premium prices because ... they're a business. People (consumers) who want premium products ... pay the premium.

I would be much more frustrated if they became cheaper and reduced the quality of the product.

pibaker 3 hours ago | parent [-]

There is a prevalent view of economy that insists businesses sell their products at the minimum price they can still make a profit at (but not lower or you are dumping.) A Marxist view of economy, if I must.

Whenever I meet one of these people, I ask if they are willing to negotiate a wage reduction with his HR. My logic is simple. If you think it is wrong for a business to sell a product at the maximum price they can demonstrably get away with like Lego does, then why is it right for you, a professional worker selling your labor, to sell your labor at a price higher than what is necessary for subsistence?