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  • Global trade of secondhand clothing


    The global trade of secondhand clothing has a long history. Until the mid 19th century, second hand clothing was an important way of acquiring clothing. Only through industrialization, mass production, and increasing income, was the general public able to purchase new, rather than second-hand, clothing. During Europe’s colonial days, second-hand garments were exported to the colonies and, locally, charity shops catering for the poor sprang up. Since the 2nd World War, the second-hand clothing trade, globally, has grown considerably. With environmental issues being more prominent and fashion pollution noted, people learn how to be environmental friendly and second-hand/pre-owned stores have become very fashionable and respectable in Europe and the US. Internet connectivity added strongly to the online trade of second-hand garments.

  • Bob's Watches


    Bob's Watches is an online marketplace for the resale and trade of watches, with a focus on Rolexes. As of 2016 it was one the largest watch reselling websites in the United States. The company was founded in the mid-1990s by Bob Thompson in North Carolina as a local seller of various watch brands and models. Thompson retired in 2010 and sold the business to Paul Altieri for $8,000. Alteiri relaunched the website, with a focus on reselling Rolex watches. From the beginning, its website listed the price that the company would be willing to pay for each watch alongside the price the company would sell the watch for. In 2014 it began offering buyers and sellers of Rolex watches the ability to post selling and buying prices, creating an exchange. As of 2013 the company had a retail storefront in Westminster, California, and offices in a strip mall in Huntington Beach, California. Altieri's wife, Carol, is the company's chief operating officer. By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down.

  • Allegory of the Cave


    Plato's Allegory of the Cave by Jan Saenredam, according to Cornelis van Haarlem, 1604, Albertina, Vienna The Allegory of the Cave, or Plato's Cave, was presented by the Greek philosopher Plato in his work Republic (514a–520a) to compare "the effect of education (παιδεία) and the lack of it on our nature". It is written as a dialogue between Plato's brother Glaucon and his mentor Socrates, narrated by the latter. The allegory is presented after the analogy of the sun (508b–509c) and the analogy of the divided line (509d–511e). All three are characterized in relation to dialectic at the end of Books VII and VIII (531d–534e). Plato has Socrates describe a group of people who have lived chained to the wall of a cave all of their lives, facing a blank wall. The people watch shadows projected on the wall from objects passing in front of a fire behind them, and give names to these shadows. The shadows are the prisoners' reality.

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