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Waste isn't automatically a social loss. It only becomes a problem when the cost is pushed onto other people. If burning excess goods pollutes the air or fills
by ETH_start 8mo ago
Waste isn't automatically a social loss. It only becomes a problem when the cost is pushed onto other people. If burning excess goods pollutes the air or fills landfills, charge for the pollution or disposal. Once the real cost is priced in, companies will naturally waste less without needing thousands of permutations of actions being restricted in an attempt to micromanage them. You still hold them accountable for harm — you just do it through prices instead of micromanaging behavior. And again, don't just assume waste is net-harmful