Economists chatter dispassionately about ‘creative destruction” most people (including many of economists in their role as human beings) recoil from the spectacle of the destruction of useful goods to eliminate “overcapacity.” Journalist Jim Dwyer and Cynthia Magnus, who goes to the Graduate Center of the City University of New York, started some destruction of their own with Dwyer’s column in the New York Times last week. His reporting exposed H&M’s deliberate cutting up of discarded…
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Posted on January 11, 2010 at 10:12pm
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