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The point is that the farmer and miner become the saints doing penance on our behalf - we all benefit from the work they do, then insist that they handle all th
by NateEag 4y ago
The point is that the farmer and miner become the saints doing penance on our behalf - we all benefit from the work they do, then insist that they handle all the costs of the negative externalities their work produces.
Sure, I suppose that could be priced into what they charge for their products. That may be a nontrivial challenge to work out, though, and it's possible they'll no longer be able to make a sustainable product after doing so.
Life is complicated and easy answers are often wrong.
- magicalist 4y ago> The point is that the farmer and miner become the saints doing penance on our behalf - we all benefit from the work they do Seems more like this kind of take is an attempt to canonize them. They're economic actors. Their work is very important, but that's why they, you know, take money in exchange for their output. Excusing externalities is how we get corporate structures where officers and shareholders are richly rewarded and tax payers get to pay for (and often live in) the SuperFund site after the company leaves.