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Gerald Ratner

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Jeweler who infamously called his own products crap in a speech, causing £500m to be wiped off company value and losing his job

Mentions (1)
"In Capitalist Realism Fisher writes 'Capitalist postmodernity is not as incredulous as it would appear to be, something that jeweler Gerald Ratner famously found to his cost. Ratner precisely tried to circumvent the Symbolic and 'tell it how it is, describing the inexpensive jewelry his shops sold a"
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