2 ms·
Honestly I consider that properly pricing externalities might be the #1 priority we need to change right now. Nevermind all the castastrophes and loss of freedo
by andrepd 5y ago
Honestly I consider that properly pricing externalities might be the #1 priority we need to change right now. Nevermind all the castastrophes and loss of freedom brought by capitalism. Without charging private interests the true costs of their activity, allowing them to pocket the profits and spread the losses, markets are not even in theory optimising for utility / social good.
A Georgist approach to this would probably alleviate many of the most pressing problems of global neoliberal capitalism.