Old Books vs. Modern Books
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Might play a role yes, but I think it’s a more widespread phenomenon because finding quality in our society becomes harder each day. Think modern architecture, modern interiors, modern cutlery, modern chairs, modern tables, or modern washing machines. They say that only great stuff survives as an explanation, but that would mean my grandparents would also throw away their washing machine each few years. They certainly did not.
My theory is that quality was valued and appreciated more in the past.