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This is great! Pricing in externalities is exactly what regulation is supposed to accomplish in a functioning market. The meat production industry is full of un
by c54 5y ago
This is great! Pricing in externalities is exactly what regulation is supposed to accomplish in a functioning market. The meat production industry is full of unpriced externalities[0], and decades of propaganda[1] convincing us that everything is fine and dandy[2].
Not to mention the current (now-historical) market solution isn't an efficient allocation of resources by any means[3]. Livestock account for only 18% of global calories and only 37% of protein! It's a myth that eating meat is the way we get protein. To boot, 45% of crop yields go towards feeding that livestock[4].
I have nothing against eating meat as such, and I'm all for using grazing land for grazing. But the fact that we waste good crop land on highly inefficient food/nutrient/protein production is not good.
We have to use regulation to price in these inefficiencies and allow the market to deal with realistic pricing levels for meat.
[0] (graphic, but short and info-dense) https://www.youtube.com/watch?v=UcN7SGGoCNI https://www.youtube.com/watch?v=UcN7SGGoCNI
[1] https://www.vox.com/2015/4/19/8447883/milk-health-benefit https://www.vox.com/2015/4/19/8447883/milk-health-benefit
[2] <this is fine>.jpg
[3] https://ourworldindata.org/global-land-for-agriculture https://ourworldindata.org/global-land-for-agriculture
[4] https://www.vox.com/2014/8/21/6053187/cropland-map-food-fuel-animal-feed https://www.vox.com/2014/8/21/6053187/cropland-map-food-fuel...
(not thrilled about posting Vox links but they're just the tip of the iceberg if you start reading about this stuff properly)
- systemvoltage 5y agoListing Vox as a source instantly kills the credibility.