Thursday, March 18, 2010

Micromanufacturing


Got caught up with Clive Thompson's blog recently and particularly enjoyed reading his thoughts on what he calls the Micromanufacturing Revolution. I have been reading Ellen Ruppel Shell's book Cheap The High Cost of Discount Culture where the author makes an impassioned case against the death spiral created when retailers out-discount each other to everyone's detriment - including that of the penny-pinching consumers'. 

Along with everything else that is nice about the burgeoning micromanfacturing trend, it is also relatively immune to the forces of discounting undress duress. If everything a seller makes is bespoke and the buyer has the both the discernment and the budget to chose it over the deeply discounted, mass-produced offerings of big box stores, chances are that the seller can ask and get what they believe their creation is worth. 

If more and more people become sellers, it might even be possible to trade using a barter system.Micro-financiers could step in to help those who have everything else it takes to get a micro manufacturing business going except for the seed money to begin their venture.

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