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How is this inefficient? I definitely think that markets have the potential to be very inefficient, but do we know that the alternatives to this are any more ef
by opportune 9y ago
How is this inefficient? I definitely think that markets have the potential to be very inefficient, but do we know that the alternatives to this are any more efficient? Economies of scale often do make it more efficient for all of a particular kind of product to be produced in one location and then shipped to wherever they're needed. The fact that there are 52 steps to the process says nothing about the actual efficiency of it. It's just a play to ignorance to the fact that almost all products we enjoy go through a similarly complicated supply chain.
It's only inefficient in the sense that it expends more gas (thus leading to higher emissions) than is strictly necessary. However, I also assume that it is cheaper for food to be distributed and processed in this manner; this is usually what people mean by "efficient".