well on the flip side god bless capitalism for finding a way to give this junk a second chance at avoiding going straight to the landfill.
... i perceive the proliferation of so much junk more of a result of zirp, low interest rates/inflation/central banking devaluing the past over future "growth" and china and the west playing the goodhart game with GDP and juicing production/consumption, than something necessarily a part of "capitalism" for one definition of capitalism.
I suspect that a very large fraction of purchases at the bin store are impulse buys that provide a temporary serotonin hit.
Then the purchaser gets home and realizes that no, in fact they do not need a frog-themed toaster whose mouth is too small to fit a normal slice of bread, and they throw it out.
You could look at this as an abitrage opportunity where a business throwing out bulk waste has to pay for it, but if you distribute it to individual citizens whose trash bin still has a bit of room in it, you can throw it out for free.
> You could look at this as an abitrage opportunity where a business throwing out bulk waste has to pay for it, but if you distribute it to individual citizens whose trash bin still has a bit of room in it, you can throw it out for free.
Yeah, that’s what I figured was going on here. Reminds me of pizza delivery (in the US anyhow), which relies on pizza delivery guys not paying attention to the cost of vehicle wear-and-tear and proper insurance so your pizza is cheaper than if every pizza place owned properly maintained and insured vehicles.
... i perceive the proliferation of so much junk more of a result of zirp, low interest rates/inflation/central banking devaluing the past over future "growth" and china and the west playing the goodhart game with GDP and juicing production/consumption, than something necessarily a part of "capitalism" for one definition of capitalism.