Not if he's under fascist rule that favors artisans and demonizes capitalists.
Ehh...I don't know about that. Some countries with enough well-to-do it may make the difference in some cases.
Developer Diary 8 – The Artisan
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May I just say, I think this is one of the ideas I like most that has been put into the game, along with the new political system 
Back in the pre-factory era, furniture, spirits, glass, even cars weren't expensive because it was fancy to make them by hand, it was because it was more expensive to make them by hand (artisans) than in factories.
Modern-day luxury goods have long been proposed as an exception to the law of supply and demand (one of the few "laws" accepted in economics): that the very rich buy more of something because it is expensive goes against the usual logic.
Anyway, the main reason why artesanal industries survive is because in some niche products, there's not enough of a market for factories to turn enough of a profit to recoup their investments. Plus the fact that something that is called hand-made today, say a fancy car, will still usually basically be made in a factory-like environment, and would count as a factory in Vicky/Wicky, since they really didn't have robotic assembly lines and such back then.
TBH I don't believe in such exceptions. Every individual makes decisions that may not be seen as rational, but one individual doesn't matter that much as long as market demand behaves in rational way. Very extreme cases are always tricky to model and actually it doesn't go against law of supply and demand. This law is about how the equilibrium price and quantity is achieved. It also doesn't goes against the way demand function is modeled, because the rule "Second piece of anything has less utility then the first" still applies.
That artisan logic would require market conditions similar to oligopoly structure. Two factories make big profit, but the third would send all of them to negative numbers. And that is practically impossible to achieve on the scale of WM. So this reason is truely not the one that can be used in this game.
*Ending economic rant*
A small factory, ten people on the floor and the name above the door is the one as the man's in the office.
in V2 terms, is an Artisan
V2 Factories, are Mass Industralism
Artisans arent just Craftsmen, But Small Businessmen.
But IF an Artisan is doing well, why should he change to a Capitalist?
Surely if he is moderately wealthy enough to afford the change and his business is starting to decline he should make the move
BUT IF he is profitable in what he is doing, why should he stop doing it?
in V2 terms, is an Artisan
V2 Factories, are Mass Industralism
Artisans arent just Craftsmen, But Small Businessmen.
But IF an Artisan is doing well, why should he change to a Capitalist?
Surely if he is moderately wealthy enough to afford the change and his business is starting to decline he should make the move
BUT IF he is profitable in what he is doing, why should he stop doing it?
Artisan is also a men who is doing his job, while capitalist pays others to do it. This is very good example of one family transfering from artisan to capitalist POP.
Factories existed in pre-industrial societies in the realm of mills and workshops. These items in V2 terms would be artisans even though they are still technically factories. Thus something could be created in a "factory" and still be hand-made even during this era.
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