The Ecological Footprint of Luxury goods and Bitcoins

Wozukunft

I dislike overpriced luxury goods. Like a 37500 USD Montblanc pen. A pen, which is functionally equivalent to a 10 USD pen, which is not much better than a 0.5 USD pen. Now, buying this is stupid if you are a UAW union official using misused funds. But, more generally, it reminds me of our unjust, inequitable distribution of wealth. And I dislike it because I am part of that system.

As a German, my footprint is around 5.3 global hectares. Australians (9.31 gha) or U.S. Americans (8.22 gha) are worse, but does that help? With a global average of 1.73 gha or 1.16 gha in India, we all have a long way ahead of us. There is no denying: We live our Western European lifestyle at the expense of poorer countries. And although we have hidden some inequality by separating rich and poor countries, enough remains in each country…

View original post 310 more words

Advertisements