once externalities are internalized and the market is properly governed That is the problem though, we are nowhere near the point where externalities are inter

once externalities are internalized and the market is properly governed That is the problem though, we are nowhere near the point where externalities are internalized or markets are properly governed. Presently any externality which can be ignored is ignored in the interests of maximizing shareholder value. This becomes doubly true when a company is really feeling the squeeze from the market. Every industry and business has externalities which are not being paid for at the moment. One is the environmental costs of manufacturing, infrastructure and energy. Another is dealing with repressive regimes. These are costs to society. Regulation and enforcement are always met with market hostility because someone has to pay the cost (and whoever is paying usually doesn't want to). Self-regulation rarely works, honest companies may play by the rules for a while but eventually someone will decide they can make more money working around the rules. Free market ideals are great and they all work on paper. I think it's a fine goal but an unlikely reality. Here in the present we are not moving towards a free market. Most moves to open markets are not making them freer they are merely giving greater power to the entrenched players. Until the market is truly free there is real damage being done to people and the planet.