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Waste is a factor in all production goods. Every fish you eat's price takes into account dealing with bycatch. Your wooden table's price accounts for the offcut
by munificent 5y ago
Waste is a factor in all production goods. Every fish you eat's price takes into account dealing with bycatch. Your wooden table's price accounts for the offcuts. It's the nature of making (or harvesting, or whatever) things.
- arcticbull 5y agoWaste is an inherent inefficiency. In silicon manufacturing, the inefficiency is actually pretty low specifically because of the kind of binning that Intel and AMD do, that GP was complaining about. In a fully vertically integrated system with no desire to sell outside, the waste is realized. In a less integrated system the waste is taken advantage of. In theory capitalism should broadly encourage the elimination of waste - literally every part of the animal is used, for instance. Even the hooves make glue, and the bones to make jello.