Late Stage Capitalism

5952 readers

4 users here now

founded 6 years ago

MODERATORS

Instant Pot went bankrupt bc it made a product so durable & versatile that its customers had little need to buy another one - instead of as a critique of capitalism it is being framed as a corp... (twitter.com)

submitted 2 years ago by fuckReddit@infosec.pub to c/latestagecapitalism@lemmygrad.ml

17 comments fedilink hide all child comments

“The fact that Instant Pot is already being framed as a corporate cautionary tale—the company that went bankrupt bc they made a product so durable & versatile that its customers had little need to buy another one—instead of as a critique of capitalism is deeply, deeply depressing.”

you are viewing a single comment's thread
view the rest of the comments

[–] altima_neo@lemmy.zip 12 points 2 years ago* (last edited 2 years ago)

They seem to sell like crazy every time theres some kind of sale, though.

But also the OPs article claiming that it went bankrupt because its too good is bull. Ive plenty of appliances that have lasted a long time. The bigger issue for Instant Pot is the lack of diversity and features on its core product that make it stand out. Plenty of companies make similar pressure cookers.

Also found this article https://www.bonappetit.com/story/instant-pot-bankrupt