Capitalism (free markets really) optimize for low cost and price. Waste is not something it optimizes for.
Capitalism being efficient is doubtful, but it certainly is effective at producing a lot of bananas, so you can buy cheap bananas around the globe all year long.
Capitalism (free markets really) optimize for low cost and price. Waste is not something it optimizes for.
Capitalism being efficient is doubtful, but it certainly is effective at producing a lot of bananas, so you can buy cheap bananas around the globe all year long.
Capitalism optimizes for low cost and high prices. Waste helps maintain high prices, so capitalism absolutely encourages waste.