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The economies are inter connected. So you don't really need to export to lower the price abroad. A lower demand for a food item in a big consumer country like U
by nmridul 14y ago
The economies are inter connected. So you don't really need to export to lower the price abroad. A lower demand for a food item in a big consumer country like US is enough to reduce the food price around the globe.
The surplus thrown away food if saved could be money that could have funded another venture or at the very least spent on holiday shopping in the US. So this is a loss to the American economy.
In general, wasting is a loss to the economy, loss the environment and to mankind.
- wonnage 14y agoWaste is bad, true. But where is it happening? The article is thin on that detail. It could be that people are buying food and throwing it away, but how would you even begin to evaluate/validate that number? So I think the study must focus on food thrown out by businesses due to spoilage or other reasons, which might actually generate accounting records to work with. But think about the food-service industry - it's one of the thinnest-margin industries in the world. They have every incentive to manage inventory as well as possible. So yes, waste is happening, but it's coming from the necessities of operating a business, not scumbag rich people throwing their sandwiches away.