Chapter
The History of Planned Obsolescence
The idea of planned obsolescence was not a natural evolution, but the result of a concerted effort between businesses and manufacturers. The concept of planned obsolescence includes charging consumers for using old products and sharing ideas among different industries.
Clips
The light bulb cartel was a key player in the early days of corporate conspiracy, as major companies conspired to control prices, eliminate competition and kill innovation.
07:29 - 09:45 (02:16)
Summary
The light bulb cartel was a key player in the early days of corporate conspiracy, as major companies conspired to control prices, eliminate competition and kill innovation. Despite this history, similar cartels continue to operate today.
ChapterThe History of Planned Obsolescence
EpisodeSelects: Planned Obsolescence: Engine of the Consumer Economy
PodcastStuff You Should Know
The term 'planned obsolescence' was first mentioned in a 1932 pamphlet by Bernard London, a real estate broker.
09:45 - 11:44 (01:59)
Summary
The term 'planned obsolescence' was first mentioned in a 1932 pamphlet by Bernard London, a real estate broker. The concept revolves around making minor annual updates to a product, so that consumers feel the need to buy the newer version, even if the older one is still functional.
ChapterThe History of Planned Obsolescence
EpisodeSelects: Planned Obsolescence: Engine of the Consumer Economy
PodcastStuff You Should Know
In the early 20th century, proponents of planned obsolescence and consumer engineering pushed for shorter product lifespans to increase demand and sales.
11:44 - 13:13 (01:28)
Summary
In the early 20th century, proponents of planned obsolescence and consumer engineering pushed for shorter product lifespans to increase demand and sales. However, the idea of charging consumers for continuing to use their purchased products was not received well by the public.