Why? They didn't consume a bunch of resources or anything. They just relinquished their claim on said lots of resources to be the only guy in the world who gets to have a certain bit of dirty old fabric.
It sounds like a net win for everyone. Rich guy provides (what ostensibly is) 100's of $k worth of value to society and all he asks in return is dirty old jeans?! Fantastic.
It's even a win for greenhouse gas emissions. To an order of magnitude, each dollar you spend buying consumer products causes 1 kg of CO2 emissions. This obviously causes a lot less (as does most art).
Unless that storage is some form of physical cash horde, it's never been "removed" from the economy in the first place so a "return" is a meaningless concept.
I don't know much about how denim processing has changed over the years, but I wouldn't be surprised if a pair of jeans today will also last 100 years in the same conditions.
Speaking from personal experience (I bum around in Levi's all day) and the experience of others (my bro-in-law bum's around Africa in Levis) they don't last as well as one might expect.
What... denim have a cult in the 2000s until now. Selvedge is a thing. There was prps, apc, nudies, new religion, paper denim, etc.. tons of fallen ones but it shows that there is a market for them and the quality are good you just need to do your research...
I'm not sure if it has die down or not but the article talking about Japanese buyers sounds about right. There are tons of denim brands coming from Japan.
I meant Levi's specifically and am referring to the thickness of the material and the accuracy of the size which now seems to have an error bar of about +/- one or two sizes.
When I read anything like this, I remember this article:
How Japan Copied American Culture and Made it Better
"If you’re looking for some of America’s best bourbon, denim and burgers, go to Japan, where designers are re-engineering our culture in loving detail"
I followed some links to other sites and one talked about all the counterfeits etc. I imagine it is prevent a glutton of jeans coming to them by shady characters. By limiting the certain people they know that anyone that comes to them is bringing a legitimate pair.
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[ 2.6 ms ] story [ 61.0 ms ] threadWe should be ashamed we live in a world where someone will pay as much for a pair of old jeans as an average salary.
It sounds like a net win for everyone. Rich guy provides (what ostensibly is) 100's of $k worth of value to society and all he asks in return is dirty old jeans?! Fantastic.
It is an economic fallacy that saved/invested money provides no value to society.
Sorry, but I have given that brand too many a opportunity.
I'm not sure if it has die down or not but the article talking about Japanese buyers sounds about right. There are tons of denim brands coming from Japan.
These denim are pretty nice and quality.
Remember: http://m.youtube.com/watch?v=lag1bXylX00
"You gotta take em off"
How Japan Copied American Culture and Made it Better
"If you’re looking for some of America’s best bourbon, denim and burgers, go to Japan, where designers are re-engineering our culture in loving detail"
http://www.smithsonianmag.com/travel/how-japan-copied-americ...