A happy life is one which is in accordance with its own nature.
— Seneca, Roman Philosopher, 1 B.C.

Saturday, October 17, 2009

Four Different Ways of Voting With Your Wallet

In Ethical Consumer magazine, four ways of buying goods ethically are listed. They are as follows:
  • Positive Buying
    This means favouring particular ethical products, such as energy saving lightbulbs.
  • Negative Purchasing
    This means avoiding products that you disapprove of, such as battery eggs or gas-guzzling cars.
  • Company-Based Purchasing
    This means targeting a business as a whole and avoiding all the products made by one company. For example, the Nestle boycott has targeted all its brands and subsidiaries in a bid to get the company to change the way it markets its baby milk formula across the world.
  • Fully-Screened Approach
    This means looking both at companies and at products and evaluating which product is the most ethical overall.
It's interesting that "ethical consumerism" is as much about taking action (buying a sustainable product) as it is about inaction (making a point to not purchase unsustainable goods from unsustainable companies.) The first three are tactics that I employ every day. I buy energy saving light bulbs and things made from recycled and recyclable materials. I stay away from "bad" products like plastic utensils and bottled water. I do not patronize businesses if I am aware that they have questionable practices or product ingredients. The fully-screened approach is the hardest. Because really, just the act of consuming something seems unsustainable, at least at the scale we are right now.

1 comment:

  1. I think you will like this website too: www.newdream.org.

    They have something called a wallet buddy which holds your credit card. Gives you food for thought before the purchase.

    ReplyDelete