This is an awful idea. The very fact that you already have high fashion and fads means that this will not have any positive impact. Like a lot of the government regulation and interventions in industry out there, all it really serves to accomplish is to protect incumbent firms while making competition more difficult. Ultimately, prices go up for consumers and economic output shrinks slightly.
This is an awful idea. The very fact that you already have high fashion and fads means that this will not have any positive impact. Like a lot of the government regulation and interventions in industry out there, all it really serves to accomplish is to protect incumbent firms while making competition more difficult. Ultimately, prices go up for consumers and economic output shrinks slightly.