Boom Crunch Crash

The classical Marxist blog about the crisis

Recession messing up recycling.

Posted by Steve Palmer on December 8, 2008

There’s a story in Sunday’s New York Times :

“The economic downturn has decimated the market for recycled materials like cardboard, plastic, newspaper and metals. Across the country, this junk is accumulating by the ton in the yards and warehouses of recycling contractors, which are unable to find buyers or are unwilling to sell at rock-bottom prices.

Ordinarily the material would be turned into products like car parts, book covers and boxes for electronics. But with the slump in the scrap market, a trickle is starting to head for landfills instead of a second life.”

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