4 ms·
> Because apparel is specifically the consumer industry where enormous quantities of unsold product are intentionally destroyed to then be replaced in the marke
by quotemstr 8mo ago
> Because apparel is specifically the consumer industry where enormous quantities of unsold product are intentionally destroyed to then be replaced in the market by newly made equivalent articles
If that's so bad, why is doing so the cheapest option? What makes you think you know better than the market what's wasteful?
- mulmen 8mo agoRegulation is not about knowing better than the market. It is about correcting harmful externalities that markets would not solve on their own.
- quotemstr 8mo agoIf disposing of my own shirt in a landfill I pay for is an "externality[y]" justifying state intervention, then every domain of life is subject to top down control. I don't want to live in a society in which resources are allocation in general by edict instead of the market.
- OrangeMusic 8mo agoLook it's not that hard. Is <problem> (in this case, pollution) a problem that needs solving? If the answer is yes, then it needs to be regulated even if you personally don't like laws. Sorry!
- mns 8mo agoBut why are you lying? It's not about you, no one is stopping you to go and throw everything you own in a landfill, this is about the companies that act environmental in their marketing, but then go ahead and destroy new and unused products.
- joe_the_user 8mo agoWhat makes you think that what's cost effective (in terms of money, of course) for a given company involves optimally conserving resources? The obvious counter-example is that polluting is very cost-effective in an unregulated environment there are others - such as this.
- quotemstr 8mo ago> What makes you think that what's cost effective...involves optimally conserving resources The words "cost" and "effective "perhaps? > Polluting Pollution is an economic externality. If I buy a shift and throw it out unworn, I've wasted only my own resources. (I'm paying for the landfill of course.) You could argue that my wasting that shirt hurt you because I could have instead spent those resources on productive activity that benefits you, and therefore I had a duty to keep it -- but that's just communism with extra steps.
- Atreiden 8mo agoAre you under the impression that the planet has effectively infinite carrying capacity and ability to support an "optimal market" indefinitely?
- quotemstr 8mo agoI am of the opinion that markets and prices, not EU regulators, should tell us where scarcity is. We're bad at optimizing manually for the same reason we're bad at guessing where program hotspots are. The market is a profiler.
- mulmen 8mo agoDo you honestly believe this? Where did you study economics? This regulation is not about scarcity. It is about over abundance. Overproduction is a failure mode in capitalist systems. The market can’t correct for this because negative externalities do not feed back into supply or demand.