wastefulness vs dissipation

wastefulness and dissipation both are nouns.

Word	Noun	Adjective	Verb	Adverb
wastefulness	Yes	No	No	No
dissipation	Yes	No	No	No

As nouns, wastefulness and dissipation are synonyms defined as:

wastefulness and dissipation: useless or profitless activity; using or expending or consuming thoughtlessly or carelessly

Other synonyms of wastefulness include waste.

wastefulness (noun)	dissipation (noun)
useless or profitless activity; using or expending or consuming thoughtlessly or carelessly	dissolute indulgence in sensual pleasure
the trait of wasting resources	useless or profitless activity; using or expending or consuming thoughtlessly or carelessly
	breaking up and scattering by dispersion