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Of course greed comes into it, though I believe (based on nothing) that small (like really small) companies can’t afford greed as easily as corporations.
Vastly inflated prices compared to what? Good wages, good working conditions, good materials - what did that cost in the 1950s? Virtually everything now is vastly cheaper in relation to income in the wealthy west. In the early 70s you could buy a tv for about $500, that was two months pay back then in Canada.We just buy more shit more often.
It also depends on whether you believe that the vastly inflated prices are due to the clothing being meticulously assembled by well-paid elves from magic dust and Unicorn faeces. Surely the prices couldn't be justified by pure greed?
Then, I am a cynic.