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>It also lead to lower or possibly lowest price of electronic products in US compared to rest of the world That's exactly like saying that letting chemical man
by xoa 8y ago
>It also lead to lower or possibly lowest price of electronic products in US compared to rest of the world
That's exactly like saying that letting chemical manufacturers just dump waste products directly into a river "lead to lower or possibly lowest price of chemical products". The whole issue with externalized costs is that they are in fact still real costs, except that it's not reflected in the price people see and thus there is no pressure to work on lowering it. Someone is still paying, often even the same people buying (directly or indirectly), but the signal is diluted.
It's not as if failed electronic products don't impose costs on the US too, it's just that the failure rate isn't included in the price but instead falls arbitrarily and inefficiently on individuals and society. Including it in the price won't necessarily change anything at all for some companies, it will simply reveal what was there all along. Companies that can deal with it cheaply thanks to superior practices will rightly be able to offer better value then those that cannot, and that's exactly what we want!