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> But, like, people aren't entirely stupid. Consumers generally won't keep repeatedly going back to the same business if the service is kinda sucky. And businesses generally figure out that reputation matters and the most economically viable long-term strategy is just to give people what they want.

This isn't a law of nature. It's the result of particular conditions. Businesses in high-trust and low-trust cultures behave differently, and the descent of the US from a high-trust to a low-trust culture is going to have consequences.



High trust? The US sold literal "snake oil"


The Wild West times were low trust. The New Deal era was high-trust. We're swinging back to low trust.




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