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The perpetual chase for quarterly growth means companies churn out products for consumers in developed economies who discard their older toys for the new shiny
by krmboya 3y ago
The perpetual chase for quarterly growth means companies churn out products for consumers in developed economies who discard their older toys for the new shiny ones. So much waste is generated and a lot of it is shipped to poorer nations, in some cases via govt applied pressure (like in second hand clothing). It's now up to these poorer nations to figure out how to deal with the waste.
Developed nations should step up right to repair campaigns and punish planned obsolescence by manufacturers to push back against this churn generated by the chase for endless quarterly growth.
I've never seen planned obsolescence feature in discussions about excess carbon dioxide emissions