4 ms·
That’s an interesting comment so thanks (and upvoted). I’ve come across the term “externality” used to refer to capitalist enterprises off-loading part of the c
by Anthony-G 10y ago
That’s an interesting comment so thanks (and upvoted). I’ve come across the term “externality” used to refer to capitalist enterprises off-loading part of the cost of their economic activity to wider society, e.g. dumping chemical waste into a river. However, I wasn’t aware of what the term specifically means or the difference between positive and negative externalities. I was going to request a follow-up comment to enlighten me but it turns out that there’s already a good Wikipedia article on the subject: https://en.wikipedia.org/wiki/Externality https://en.wikipedia.org/wiki/Externality