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That’s an argument to make every part of the supply chain free. Positive externalities of free labor far outweigh the negative externalities. We shouldn’t have
by rhaway84773 3y ago
That’s an argument to make every part of the supply chain free.
Positive externalities of free labor far outweigh the negative externalities. We shouldn’t have to pay for labor.
Positive externalities of free capital far outweigh negative externalities. We shouldn’t have to pay to get capital.
And so on and so forth…
If this $21Bn was split over the many gallons of oil extracted it wouldn’t have ended oil extraction or the growth of the economy. It would have simply priced it better, which would have meant alternatives that didn’t impose such negative externalities would have been competitive sooner.