3 ms·
Ecology and economy are the same thing. The only way it is misaligned is because quite often the environmental impact is an externality. E.g. A big oil corpora
by Frieren 1y ago
Ecology and economy are the same thing. The only way it is misaligned is because quite often the environmental impact is an externality.
E.g. A big oil corporation gets the profits of selling oil but the environmental price is paid by everybody else. Accounting the increase in climate disasters, oil becomes way more expensive that it is currently reflected in its price.
So, when someone argues that "taking into account the environment is too expensive" they are really arguing that "I should not pay for the environment damage but society at large should be paying while I collect profits".