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Long are the days when they could compete with walmart and not lose their ass. Their success depends on a pool of buyers that are willing to spend on things they don't need, and spend more than they have to for necessary items to have them handcrafted.
Granted most people will buy art or knickknacks that appeal to them, if they can afford it. I'm probably cynical from seeing the disposable economy all around me, but I'm skeptical the pool of people that appreciate quality and understand the real economy of buying things that will last, is that large.
The other possibility is, if more people do begin crafting or even micro-manufacturing, we may see a spurt in the ever growing underground barter culture.
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The descent of man ~ Nixon, Friedman, Reagan, Trump.
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