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by esotericn 2437 days ago
I think that treating fast fashion as a driver of economic growth is an example of the broken window fallacy.

That is to say that I don't actually think it drives economic growth overall. It may do within a specific sector at the expense of others.

2 comments

Fast fashion is bad. But I think the broken window fallacy is poorly matched to modern times. It’s useful to demonstrate why war is bad even if it boosts our GDP, but there’s so much nuance to things like repairs, obsolescence, globalism, switching costs, etc.

If something is bad for economic growth, whose growth matters? Ecological arguments are perhaps one of the better things to consider because at the end of the day it may kill everyone. shrug

The broken window fallacy requires forcefully destroying someone’s property to get them to replace it with the same thing. This doesn’t fit that model at all.
You could argue that purposely designing things to last only a year when they could last ten years is purposeful destruction though
No, because people know that at this point.