The boots theory is an economic theory that people in poverty have to buy cheap and subpar products that need to be replaced repeatedly, proving more expensive in the long run than more expensive items.

https://en.wikipedia.org/wiki/Boots_theory

  • SirSamuel@lemmy.world
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    8 months ago

    Um, excuse me, the FULL name is the Captain Samuel Vimes ‘Boots’ Theory of Socioeconomic Unfairness.

    I’m a bit of an authority on it myself. Sammies are still taking the theory to every corner of the Disc.