Typical liberal solution

Discussion in 'Economy' started by RadiomanATL, Jul 30, 2009.

  1. RadiomanATL
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    RadiomanATL Senior Member

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    How Do You Solve A Problem Like Fashion Week? - Anna Wintour - Jezebel

    The recession is shaking the fashion industry's foundations. Last fall's 85% discounts begat this spring's layoffs. Magazines have folded, labels have shuttered, and consumer spending continues to fall. Anna Wintour thinks this could be solved with a spot of price-fixing.

    Yesterday morning, the Council of Fashion Designers of America held a private town hall style meeting to discuss the future of fashion week — but the meeting soon mushroomed into a general debate on the serious issues the industry is facing. And nothing is off the table. The entire industry superstructure — how fashion is produced, shown, and sold to the consumer — was hotly debated by everyone from Anna Wintour, to Francisco Costa, to Diane von Furstenberg.
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    Anna Wintour's proposed solution really takes the cake. The Vogue editor stood up to offer, "Could someone lead a committee that would make ground rules for retailers of when the discounting starts, and then all the retailers can agree to it?" Von Furstenberg interjected that that was illegal — in fact, if the big department stores had any such agreement, it would amount to price-fixing and collusion, an anti-trust lawsuit in the making. "Is that something we can change?" asked Wintour. "We have friends in the White House now!"

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    Typical. Can't let free and fair competition determine market conditions. Gotta get the government involved in order to give an unfair advantage 'cuz their current business model is failing.
     

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