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by falserum
813 days ago
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Lets start with best country of the world that is made of 300 million consumers and 1000 factory owners (also known as polluters) each of which has identical share of the market. To reduce pollution, factory owners would need to use less polluting means (i.e. less profit) and produce less (again less profit). What happens if 999 factory owners do adhere to pollution-reduction, while 1 of them is polluting a bit more than others? (Answer: The polluter increases his share of the market, as more profits can be reinvested; and with more market share the profit will grow even more) The point: consumers incentivize factory owners to polute, if consumers buy stuff despite polution. This exercise ignores legislation, but law will not change until enough of consumers/voters start to care of the topic and will be ready to pay more for less and demand for it. |
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