Fast fashion is bad. But I think the broken window fallacy is poorly matched to modern times. It’s useful to demonstrate why war is bad even if it boosts our GDP, but there’s so much nuance to things like repairs, obsolescence, globalism, switching costs, etc.
If something is bad for economic growth, whose growth matters? Ecological arguments are perhaps one of the better things to consider because at the end of the day it may kill everyone. shrug
If something is bad for economic growth, whose growth matters? Ecological arguments are perhaps one of the better things to consider because at the end of the day it may kill everyone. shrug