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The primary cost in the vast majority of products today is labor. Anything that takes less time and less people to make (eg. oil; cheap plastic goods; software
by nostrademons 4y ago
The primary cost in the vast majority of products today is labor. Anything that takes less time and less people to make (eg. oil; cheap plastic goods; software; movies) gets cheap and immensely profitable. Anything that requires lots of labor (eg. Lamborghinis & other hand-crafted luxury goods; therapy; health care; college; homes) becomes super expensive. The cost of the actual materials is usually rounding error.
This holds as long as you pay people, but I doubt many folks would jump on slavery as a solution to our environmental woes.
- deadfoxygrandpa 4y agoget this: the cost of the raw materials themselves are also primarily in the labor it takes to locate, extract, and process them. it's labor all the way down.
- nico 4y agoWhat’s the cost of environmental impact? It seems like we are missing some costs in our calculations. That labor is not going to be able to keep producing stuff if their environment is wrecked. So what’s the cost of that?