Part 1/11:
Understanding Planned Obsolescence: A Closer Look at Light Bulbs and the Phoebus Cartel
When we delve into the realm of consumer goods, especially electronics, the term "planned obsolescence" frequently surfaces. This practice involves designing products with an artificially limited lifespan, prompting customers to replace them sooner rather than later. The implications of this practice can be troubling; it suggests that companies prioritize profit over consumer interests. To illustrate this concept, we often refer to historical instances such as the notorious Phoebus cartel of the early 20th century.