> Shoemakers are already charging what they believe to be the highest price they can regardless of costs. They don't believe they can raise the price, or they already would have.
The highest price you can charge for shoes made in China is different than that of shoes made in the USA. Whether or not it's enough to support a market is a different question, but it's an undeniable difference.
Personally, I'm willing to pay around 2X to get American made goods, and routinely go out of my way to do so.
Unfortunately, the consumers who matters is the rather less well off one who is making decisions based on how much money they have in their bank account today. A number which is rarely large, if the stats are to be believed.
I agree with the sentiment. But I'm overpaid. Most people aren't willing to double their expenses on something because they want to support a political outcome. They would quickly run out of money.
Or rather people will buy one thing made in $HOMECOUNTRY, get their dopamine hit from supporting the motherland, and then proceed to buy everything else from China.
As a european I wouldn't pay twice for american made shoes, while I (and many people) routinely pay a premium for italian and french made shoes. The problem is that made in america is not considered premium for clothes the same way that made in italy or france is.
I was in my #AMERICAn frame of mind writing that comment. I was thinking along the lines of "Not produced by an adversarial country, slave labor, or a country with relaxed environment regulation."
It's the reason why so many products advertise 'sustainability' or 'fair trade'. It differentiates the product. I was trying to make the general point that how items are produced does actually matter to consumers, and a large population are willing to pay for moral manufacturing, myself included.
The highest price you can charge for shoes made in China is different than that of shoes made in the USA. Whether or not it's enough to support a market is a different question, but it's an undeniable difference.
Personally, I'm willing to pay around 2X to get American made goods, and routinely go out of my way to do so.