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It is impossible to price fossil fuel externalities. A point made by Steve Keen elsewhere.
by Biologist123 5y ago
It is impossible to price fossil fuel externalities. A point made by Steve Keen elsewhere.
- AtlasBarfed 5y agoAnd thus the robed priests of capitalism retreat to their temples, converse, and release smoke signals to the faithful. Stay the path. Ignore those who question our word. We are all knowing. Beseech thy statue of Malcolm Gladwell. And yet, they actually know nothing. They cannot price the exigent threats to human civilization. They cannot price the risk to collapse of biodiversity chains from mass extinctions. They cannot price the value of wilderness. They can price slaughtering natives to gain access to natural resources. They can price the slave trade. They can price the value of a human life (it's not much). They can price paving a wetland to build some 1+5 apartments. And yet they are the #1 academic study that influences policy. Ok, PERHAPS international relations/political "science" is #1, although that is REALLY not a science.