Comment by marcus_holmes

I think I paid $300AUD for mine. I was very poor in the 80's, I would not have been able to afford the equivalent of $1000USD. I have vague memories of them costing around 80 GBP, which would be ~350 GBP now, so about half that $1K (but definitely more than I paid for them now, so your point is at least partially true).

And yes, I would be willing to pay that kind of money now for a pair of boots that would last me a decade again.

It was also kinda the point back in the 80's; your Docs were an investment. They cost decent money, but they'd last a decade and became part of your identity. Practically a physical extension of your body; I had a flatmate who regularly fell asleep in his and eventually developed trenchfoot from doing that. The boots were fine, his feet weren't. Most of my friends back in the day had one pair of shoes; their Docs. It was worthwhile investing in them because that was all you needed.

I think you're also right that the brand itself has changed and moved down-market, so they're charging less than they used to for a lower-quality product. But this is kinda my point; the brand is now being cannibalised and turned into a low-quality fast-fashion product marketed with a high-quality brand. This is obviously not going to work long-term, as people realise that Docs are now shite. As I said, in ten year's time the brand won't be worth anything.