How expensive would life be in a fair world?

How expensive would our lives be without the exploitation of foreign countries and the environment? Would it even be possible to satisfy luxury needs?

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Fuchssprung
2 years ago

In a fair world, the seamstress in Bangladesh would have to enjoy the same standard of living as the buyers of the shirts she makes. But that wouldn't mean she would become significantly richer. It would just mean everyone else would become much poorer.

Marco79100
2 years ago

It would be significantly cheaper. Extremely disproportionate profits are generated in the pharmaceutical industry alone.
The medication itself costs a few cents + packaging and is then resold for 20-30€ or more.

That is simply the result of capitalism.

Everything you can buy is usually overpriced.

In restaurants you pay the 10 price, you pay for the service.

In the supermarket, everything is cheap in production, packaging, processing, and shipping, but expensive in retail.

Sure, we have an energy crisis now, but things weren't any better before.

+ Inflation.

I have friends and family all involved in the pharmaceutical and wholesale industries.

You can get rich as a middleman.

Go to any producer, take his product, process it and sell it, you'll get rich.

Maybe it's enough to just sell the product, like dropshipping.

What capitalism has done is abnormal.

NeonSchaf
2 years ago

It depends on what you define as a fair world… However, I think it would be possible to fulfill needs. These needs would become cheaper and of higher quality, since market competition pushes everyone to fulfill the most and best needs. Ultimately, it may of course be the case that some needs cannot be fulfilled, but there would always have to be a "yet" (not yet) between the two.

NeonSchaf
2 years ago
Reply to  Rollo489

If you define exploitation as the optimization of utility and resources, then "exploitation" can't be so bad after all!