[inapis]

Not necessarily. This trivial stuff can blow up into big things for society. This unavailability of spare parts translates into a lot of devices ending up in the landfill. That is an unmitigated environmental disaster. Free markets will not solve this problem without govt intervention.

The economic costs are not the only costs in a capitalist society. The other costs just don’t show up on the paper.

P.S and I’ll argue that smartphones are necessary in today’s world. They are the primary form of computing, communication and fulfilling bureaucratic work for large sections of the population on the planet. In India, you’ll have a tough time in life if you don’t have a smartphone. You can survive? Yes. But it will be a PITA to communicate with others, deal with govt, banking or utilities etc