11 ms·

Unfortunately some externalities are not frivolous. It is kinda nice not to have polluted water, or polluted air, or deserts because of bad land management. I'

Unfortunately some externalities are not frivolous. It is kinda nice not to have polluted water, or polluted air, or deserts because of bad land management. I'm not against your point of wealth creation, but externalities are real and do need to factor in. Individual veto isn't in play, but some sort of societally mandated rules-of-the-game are.

suifbwish 6y ago
That may be true but someone has to pay to keep things like that. It’s a difficult position to claim that the people with wealth owe anyone else anything.
nanis 6y ago
> have polluted water, or polluted air There is no "pure" water or "pure" air. The "right" amount depends on costs and benefits ... None of that can be looked up anywhere and people end up bargaining over them indirectly.