Societal costs of Addiction Economy industries
Addiction Economy Thought For Today: Highlighting the truly shocking impact of the addiction economy on society. So much to reflect on from these numbers.
Great infographic from Joe Woof on how companies take the money and the harms are inflicted on, and paid for, by the rest of us.
The total UK sales of 4 of the main addiction economy companies are £210billion, but the costs of these products to society is £219.3billion.
The total costs to society are broken down into
- NHS costs
- Social, informal and unmet care costs
- Loss of productivity
- Quality Adjusted Life Years calculations
The research was taken from two new reports - Holding Us Back - tobacco, alcohol and unhealthy food and drink, from the Obesity Health Alliance, @Alcohol Health Alliance and Action on Smoking and Health (UK).
https://lnkd.in/djSU6APy
The economic and social cost of harms associated with gambling in
England Evidence from the Office for Health Improvement and Disparities update 2023.
https://lnkd.in/dxxkHwiv
We can see currently at the battle Rishi Sunak is having to make cigarettes illegal when the costs of smoking to society are so astonishingly high and their benefit to society is zero.
We are interested in any thoughts you have and research you spot on addressing these problems from a policy, regulatory or public empowerment perspective