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What's more the destructive power of brand names goes a lot further than getting people to think in irrational ways, as Naomi Klein highlighted in her book ' No Logo'.
https://archive.org/details/fp_Naomi_Klein-No_Logo
So, Fek Harry Juszkiewicz, and anyone else who ends up buying the 'Gibson' brand name. If anyone wants a guitar that looks like one of those models that a now long-dead company made 60 years ago, there is and always will be plenty of choice.
Reality is it shouldn't matter to the player, fantasy is it does.
'Propaganda' by Edward L. Bernays' ('the father of public relations') was the first major book on the topic, back in 1928.
https://archive.org/details/EdwardL.BernaysPropaganda
Not wishing to disagree or troll, but how would people feel if Gibson was bought over by Primark?
https://www.glassdoor.com/Reviews/Gibson-Brands-Reviews-E6869.htm
Edit. Also, isn't a lot of Gibson's stuff already made in 'low wage economies', from Epiphone guitars through to all those cheap electronics the Gibson group produces?
@bacchanalian Don’t apologise. You’re not trolling. You’re discussing. There’s a world of difference!
Nor Rickenbacker, at least since the Hall family bought the company in 1953.
Nor PRS, other than moving factory - and they've been going for over 30 years now.
OK they've all modernised their production processes along the way, but all are the same companies under the same ownership that built their classic models.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
Also, how it will be managed.
Will they just offshore the production and use the brand name on cheap poly-finished guitars, or will they try to think long term and keep the quality up, and keep the features like nitro finishes that most want on a Gibson?
I am not anti-capitalist at all, but I do not like to romanticize brands, products or people.
I wasn't claiming that there's no company in the world in space which hasn't changed ownership, of course there are exceptions.
But in any case I expect C.F. Martin IV, direct descendant or not, runs a modern business, he doesn't ride around in a coach and horses speaking German and keeping records in a big dusty ledger. And Paul Reed Smith presumably has a board of directors, many staff and runs a rather different operation than he did 30 years ago.
Just making the point that brands survive through all manner of changes but do maintain a perceived significance and value (even though, yes, of course, they are really meaningless).
Apparently they think the modern new designed guitar will revolutionise the guitar market and save the business.....
It hasn't done Fender any harm. Most buyers of the lower ranges probably don't care, other than getting pissed off when it marks in a non-'relic' way. Stopping using nitro doesn't have to mean that typical dipped-in-polyester look either, there are other stable modern finishes and they can be done thin too.
"Take these three items, some WD-40, a vise grip, and a roll of duct tape. Any man worth his salt can fix almost any problem with this stuff alone." - Walt Kowalski
"Only two things are infinite - the universe, and human stupidity. And I'm not sure about the universe." - Albert Einstein
I agree there is brand reputation in terms of QC for sure and often a good experience leads to brand loyalty (even if you just got lucky, loads of examples of I had a problem with x, followed by numerous people say I did/didn't). But would Gibson fall into that category? Dodgy QC is one of the complaints leveled at them. It also takes a company ages to shake off a reputation (good or bad). Look at TC electronics reg. dodgy switches) and EHX reg. build quality. The internet is rife with comment on those subjects.
Branding is important to a manufacturer, no question. They are all in the game of making money and continuing to exist. Branding helps that because we associate and identify so deeply to brands. "Slash and Kossof played Les Pauls, therefore I want a Les Paul" etc Brands need that association. They need people to buy into dreams,.
My point was more that in those terms branding is actually not important. If you arm youself with knowledge, you can spot something that is well made (especially a guitar). Something well made, is well made the branding doesn't alter that and it doesn't matter who makes it. There are so many companies churning out good product, yet people still chase Gibson and Fender and look down on the others (even PRS are the butt of lots of jokes right?) As a consumer, if you can liberate yourself from tying to a brand, based purely on the dream being sold to you by the brand, chances are you will get - either a better, more suitable product or similar of cheaper.
It doesn't matter at all to me if Gibson go down or not. Historical achievement and association is irrelevant to me. I just want to buy good product today.