2962
you are viewing a single comment's thread
view the rest of the comments

Are you sure it's not the demand driving the demand? The rich are the supply-side of "supply and demand".

Demand driving the demand?

Does needing something increase the need for it by itself into infinite need?

[-] refurbishedrefurbisher@lemmy.sdf.org 3 points 1 year ago* (last edited 1 year ago)

The demand side of the economy is the consumer population. The consumers decide what they do and do not want to purchase, therefore driving demand.

"Infinite need" implies that infinite supply could exist, or that infinite growth is sustainable, both of which are not true. Infinite need also doesn't exist.

I will argue that people (for example) needing clean water increases the demand for clean water. This is why companies like Nestle are profiteering off of selling bottled water, and why the CEO said that water should not be a human right.

Wait. But someone has to bottle the water, right? Or is nestle supposed to do it for free?

Furthermore they have to compete with tap water. So the value of bottled water can only be the water itself + bottle + energy used to fill bottle + interest because their “service” is not for free. There is a justified interest to make a profit from one’s efforts.

[-] refurbishedrefurbisher@lemmy.sdf.org 7 points 1 year ago* (last edited 1 year ago)

Nestle is stealing water from the people who need it. Sources: https://www.theguardian.com/us-news/2021/apr/27/california-nestle-water-san-bernardino-forest-drought https://www.nytimes.com/2021/04/29/us/nestle-water-california.html

It's not their water to begin with.

Also in some places (Flint, MI comes to mind), tap water in undrinkable due to neglect, since fixing it costs more money than ignoring the health of the population. Source: https://apnews.com/article/health-michigan-rick-snyder-flint-detroit-a4578736862f47b980ae61ca72129811

Demand driving the demand?

Does needing something increase the need for it by itself into infinite need?

this post was submitted on 18 Jul 2023
2962 points (100.0% liked)

World News

39395 readers
2180 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS