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Does a market economy encourage consumption, pollution and waste?

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Does a market economy encourage consumption, pollution and waste?

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by Halskiisaklink on October 11th, 2006 Well, for a start, of course market economies encourage consumption – that’s a given. More consumption means more money to more people. However, since everything in a market economy is geared around the largely imagined power of money, and because pollution costs money to clean up, pollution results from this excessive consumption and stays. Pollution is a direct result of the waste created by fiscally-minded production methods commonly employed in a market economy. However, since rich people are shallow and don’t like looking at the pollution that their factories produce, they ship it off to poor countries, whoes people have no say in the matter because they are poor. So yes, a market economy does encourage consumption, pollution and waste. However, the Soviet Union is not worthy of comparison because it never grew beyond a market-economy in it’s own right. True socialism, let alone communism, has never been achieved. China has a market-based ec

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