A sustainable economy is one that reuses a significant amount of material it throws away. In the 1980’s there was a mass cultural shift to recycling. In the 2020’s it is possible we can…
The whole way of capitalism is, there’s problem xyz. If you want it solved for you, pay me Rs.1000. If someone solves it for free, he stays broke. The posers of problem win, the solvers of problem lose. That’s capitalism. Sometimes, the solvers of the problem are themselves the posers of the problem.
Another view is that capitalism has produced an externality of sorts (broken items with little hope of repair), and it’s time for government to catch up and start regulating that externality the same way it deals with something like emissions. If the price of throwing things away was more accurately priced into items, there would be more economic pressure to be repairable.
The whole way of capitalism is, there’s problem xyz. If you want it solved for you, pay me Rs.1000. If someone solves it for free, he stays broke. The posers of problem win, the solvers of problem lose. That’s capitalism. Sometimes, the solvers of the problem are themselves the posers of the problem.
That is greed. Greed an exploit people under any form of government. Perhaps under capitalism, it’s more obvious and done shamelessly.
Another view is that capitalism has produced an externality of sorts (broken items with little hope of repair), and it’s time for government to catch up and start regulating that externality the same way it deals with something like emissions. If the price of throwing things away was more accurately priced into items, there would be more economic pressure to be repairable.