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I think that treating fast fashion as a driver of economic growth is an example of the broken window fallacy. That is to say that I don't actually think it dri
by esotericn 7y ago
I think that treating fast fashion as a driver of economic growth is an example of the broken window fallacy.
That is to say that I don't actually think it drives economic growth overall. It may do within a specific sector at the expense of others.
- throwaway66920 7y agoFast fashion is bad. But I think the broken window fallacy is poorly matched to modern times. It’s useful to demonstrate why war is bad even if it boosts our GDP, but there’s so much nuance to things like repairs, obsolescence, globalism, switching costs, etc. If something is bad for economic growth, whose growth matters? Ecological arguments are perhaps one of the better things to consider because at the end of the day it may kill everyone. shrug
- kortilla 7y agoThe broken window fallacy requires forcefully destroying someone’s property to get them to replace it with the same thing. This doesn’t fit that model at all.
- throwaway66920 7y agoYou could argue that purposely designing things to last only a year when they could last ten years is purposeful destruction though
- kortilla 7y agoNo, because people know that at this point.