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The Amul-PETA controversy || Acharya Prashant, on Veganism (2021)
Prakrati
2.7K views
2 years ago
Veganism
Plant-based milk
Dairy industry
Employment
Economics
Tofu
Sustainability
Entrepreneurship
Description

Acharya Prashant addresses the controversy surrounding the shift from dairy to plant-based milk, specifically focusing on the argument that such a transition leads to mass unemployment. He argues that the employment argument is not absolute, noting that many unethical or illegal activities also provide livelihoods but are not permitted for that reason. He explains that while job losses in a specific sector like dairy are localized and highly visible, the overall economic efficiency gained from progressive technology leads to distributed benefits and long-term gains that are often overlooked. He suggests that the government could potentially subsidize those who lose their livelihoods using the gains from the more efficient system, though he notes that localized losses often create more sensational media stories than widespread marginal gains. Regarding government policy and the naming of plant-based products, Acharya Prashant asserts that entrepreneurs do not need to wait for government intervention or subsidies because plant-based products are inherently more economical to produce. He shares his experience mentoring firms in this sector, highlighting that fortified plant-based products can offer the same nutritional value as milk at a fraction of the cost. He emphasizes that the combination of ethics, spirituality, and commercial viability makes this a significant opportunity for entrepreneurs. He also addresses concerns about genetically modified soy, suggesting it presents a market opportunity for organic and natural soy production. Ultimately, he advocates for lower pricing to expand the market rather than maintaining high margins for a small customer base, as the economic, health, and spiritual arguments all favor plant-based alternatives.