Download Cheaponomics: The High Cost of Low Prices by Michael Carolan PDF

By Michael Carolan

Do you actually imagine you're getting a lot whilst on condition that unfastened cell phone for switching provider prone, if a multinational store undercuts its rivals or through the truth that nutrition is comparatively more affordable this present day in lots of international locations than ever before? 

Think back! As Michael Carolan sincerely exhibits during this compelling booklet, cheapness is an phantasm. the genuine rate of low costs is alarmingly excessive. it truly is proven for instance that voters are usually subsidising low costs via welfare aid to poorly-paid employees of their personal kingdom, or hoping on the exploitation of staff in terrible international locations for inexpensive items. Environmental toxins will not be costed into items and providers, yet is paid for in a roundabout way by way of humans residing clear of its resource or by means of destiny generations. regardless of deepest autos, whilst the whole expenses of this manner of mobility are tallied it proves to be an astronomically dear version of transportation. All of those expenses have to be accounted for. 

The writer captures those matters via the idea that of "cheaponomics". the foremost element is that expenses and dangers are socialised: all of us pay for cheapness, yet no longer on the element of buy. Drawing on quite a lot of examples and matters from over-consumption and waste to over-work, unemployment, inequality, and the depersonalising of groups, it really is convincingly proven that cheapness can not be noticeable as the sort of cut price. as an alternative we have to refocus for a greater feel of overall healthiness, social justice and a balanced method of prosperity.

Show description

Read or Download Cheaponomics: The High Cost of Low Prices PDF

Similar environmental economics books

Environmental Health and Child Survival: Epidemiology, Economics, Experiences (Environment and Development Series)

Every year, thousands of kids in constructing nations fall ill and die from illnesses attributable to polluted air, infected water and soil, and terrible hygiene habit. Repeated infectious additionally give a contribution to malnutrition in kids, and thus affects destiny studying and productiveness. This booklet analyzes the linkages among malnutrition and environmental health and wellbeing, and assesses the weight of affliction on little ones, and its fiscal expenses.

Environmental Economics and Natural Resource Management, 3rd Edition

The instruments of environmental economics consultant policymakers as they weigh improvement opposed to nature, current opposed to destiny, and likely merits opposed to doubtful effects. From reluctant-but-necessary calculations of the worth of existence, to ethical quandaries over earnings on the environment’s price, the versions and findings defined during this textbook are suitable to today’s extra urgent dilemmas.

The Politics and Institutions of global Energy Governance

From weather swap over shale fuel to the race for the Arctic, strength makes headlines in overseas politics nearly day-by-day. Thijs Van de Graaf argues that power is in dire desire of world governance. He strains the historical past of overseas power cooperation from the infamous 'Seven Sisters' oil-companies cartel to the hot production of the overseas Renewable power organization (IRENA).

Extra resources for Cheaponomics: The High Cost of Low Prices

Sample text

Absolutely not. That US$1,000+ price tag is inflated because we currently allow so many costs to go unaccounted for. Cost maximization is presently the norm, as long as the most egregious can be externalized. Cheaponomics tends to produce things that are the most expensive for society. Minimizing costs socialized would undoubtedly bring total costs down, leading to things that are ultimately less expensive for us all. Taking this step would also incentivize the making of things that are repairable and reusable, so we would not be purchasing a new mobile phone and computer every 18 and 36 months, respectively (which is how frequently the average American replaces these devices).

The site will be 60 miles from the Arctic circle in Lulea, Sweden. The center will be powered by a nearby dam that generates twice as much power as Hoover Dam and will be cooled eight months of the year using outside air. Yet, like other server farms, its financers have taken out a cheap (for them, not you) insurance policy to protect their investment from power disruptions: diesel power. 42 If you think phones have a lighter ecological footprint given their smaller stature, looks can be deceiving.

31. electronicstakeback. com/wp-content/uploads/Facts_and_Figures, last accessed November 1, 2012. 56 Ibid. pdf, last accessed November 2, 2012. , p. 204. org/PDF/PressReleases/E-Waste_publication_screen_FINALVERSION-sml. pdf, last accessed November 2, 2012. 60 Kutz, Jennifer (2006) “You’ve got waste: The exponentially escalating problem of hazardous E-waste,” Villanova Environmental Law Journal, 17, pp. 307–29. edu/sjsj/vol7/iss2/21, last accessed November 2, 2012. html, last accessed November 2, 2012.

Download PDF sample

Rated 4.26 of 5 – based on 11 votes