Markets are solving the food waste problem
Dr. Eamonn Butler | Adam Smith Institute
Tesco, one of Britain’s largest supermarkets, has revealed that it threw out 30,000 tonnes of food in the last six months. Customers throw out yet more. Appalling waste caused by the ’pile it high, sell it cheap’ capitalist ethic?
Nobody likes waste, particularly those of us in the baby boom generation whose parents had lived through wartime rationing – or those who are old enough to remember it personally. We were brought up with the mantra ’waste not, want not’. Supermarket bosses are no different from the rest of us in that respect, but they have another powerful motive to avoid waste too: it is very bad for the bottom line. Why pay producers for food that goes unsold?
That is why Tesco has actually done a survey of what customers actually ditch, going through 10,000 dustbins in their research (ugh!). It seems that 65% of bagged salad is discarded, for example. The result of that? Probably, smaller bags being put on sale from now on. And clearer instructions on food packaging about how to keep it fresh.
There are many other reasons why so much food is wasted, though. In most cases it cannot be put into pig swill any more, because of the risk of animal diseases that might affect humans, though a bit goes to local zoos. Then there is the absurd ’best by’ and ’sell by’ labelling – you can blame government for that, of course.
Read the full article at: adamsmith.org
To Save Europe, Free the Markets
Natural Products East embraces conscious capitalism
Half of world’s food goes to waste, report says
UN "Food Shortage" Solution? Eat Bugs
Flour made with insects wins $1M Prize
Latest News from our Front Page
Netanyahu ‘spat in our face,’ White House officials said to say
The White House’s outrage over Prime Minister Benjamin Netanyahu’s plan to speak before Congress in March — a move he failed to coordinate with the administration — began to seep through the diplomatic cracks on Friday, with officials telling Haaretz the Israeli leader had “spat” in President Barack Obama’s face.
“We thought we’ve seen everything,” the newspaper quoted an unnamed senior ...
The Return of the Protected Jewish Minority in Europe
Contrary to the standard narratives of Jewish ‘history,’ a prominent feature of the historical presence of Jews in Europe has been their protected status. The common context for this status was a symbiotic relationship between the Jewish minority and exploitative or tyrannical elites. As agents of the feared elite, as foreigners, as exploiters in their own right, and with interests ...
Truth Revealed: McCain’s ‘Moderate Rebels’ in Syria ARE ISIS
Poor John McCain and Lindsey Graham, Washington’s real first couple. They only want to arm the ‘moderate opposition’ in Syria. Three years on, how come their master plan isn’t working, while ISIS has grown so strong?
Despite what media lauded as, “the largest demonstration in France’s history – bigger than liberation at the end of WWII!” (can you rightly compare the ...
European 'No-Go' Zones: Fact or Fiction?
Comment: This is an interesting article about Muslim no-go Zones in Europe. However, keep in mind that the focus in this piece is not addressing the root of the problem, but a symptom of the problem. Yes, there is an issue with large Islamic colonies in Europe today, but the article mentions nothing about who has changed the immigration laws ...
A Radical Traditionalist Critique of the Anti-Islam Movement
The terrorist attack against the staff at the magazine Charlie Hebdo in Paris shook an entire continent. In a European climate in which protests against the perceived Islamization of our civilizational sphere becomes ever more widespread, showing in increased electoral success for moderate nationalist parties, as well as in expressions of mass public dissent, the recent resurgence of violent Islamic ...
|More News » |