Tuesday 24 June 2008

Supply and Demand

Supply and demand is a concept that not many seem to grasp, and it drives me to distraction. In these times of resource shortages and impending climate catastrophes, there could be no greater concept to be sure of than this. And yet, on a daily basis i am dismissed by these heathens as a fool for not making use of products and services that are already accounted for.

So here it is in black and white. A local shop owner sells cans of baked beans. He knows because he's sold baked beans for a couple of years now, that he sells about 20 cans of beans a week. So he orders 4 crates from his supplier each month. If one week he doesn't sell so many beans, he has more than he knows what to do with, and so orders less from the supplier for the coming delivery. If he sells more than normal, then he may put in a special order to be delivered soon.

This is the way i understand supply and demand, and i try (emphasis on the "try") to adjust my life accordingly. So if i decide not to fly because i don't want to create a demand for a service that pollutes the earth's atmosphere, and consequently contributes to endangering millions of the poorest lives on this planet...this is the reasoning behind it. Yes, the plane may well have empty seats on it for the particular flight i may have been considering. However, i didn't make the purchase, and the empty seat is a signal to the air travel industry that demand for that particular route is down.

I'm not expecting anyone to sacrifice anything in their lives, though the world would be better off if we all did consume less. I'm asking for some consideration and understanding of why i and others make certain choices based on finite resources and the environment.

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