I was reading about some local policy changes intended to make running a small business easier and that got me thinking. I go to restaurants and ethnic food stores which are usually small businesses, and maybe some of the gas stations I use are small businesses too. However, everything else I buy comes from big-box stores or the internet. These have replaced a lot of small businesses, but how is it that there are any little shops left at all? Sometimes I walk into a corner store because I don’t want to go all the way to the big box store or wait for delivery but the prices are so much higher (often by over a hundred percent) that I walk right out again unless I need something very urgently.
I’m not making a moral judgement here. I just don’t know how the economics work out.
Only buying things that are the lowest price has many consequences and not all of them are beneficial to you. Sometimes it’s just that the thing you are buying for the lowest price is crappy and poor quality. But now we are coming to realize that one of those consequences might be the destruction of the world. Figure out how to price that consequence into your economic model, and choose accordingly.
Apparently not destroying the world is more valuable to some people than others. Personally, I would pay at least 1000% more to not destroy the world, because not destroying the world is really important to me. Maybe it’s not as important to other people, I don’t know. The wonderful thing about the world we are destroying is that everyone gets to make their own decisions.