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>calculate only the cost to industry What a farce. Industry is perfectly capable of calculating its own costs, and advocating for its own motivated self-inter
by schiffern 9mo ago
>calculate only the cost to industry
What a farce.
Industry is perfectly capable of calculating its own costs, and advocating for its own motivated self-interest, thank you very much. This is not a bug we need to fix.
The purpose of agencies like the EPA is to "see the [Pareto optimal] forest for the trees" and counterbalance industry's [Nash equilibrium] profit motive.
Otherwise let's just rename it the Shareholder Protection Agency, because that's all it would be.
- blurbleblurble 9mo agoFunny cause in the long run shareholders are just as effed as the rest of us, so this is not protection
- chii 9mo agoIn the long run, we're all dead. So shareholders might suffer the same fate, but they're more comfortable before we all drown.
- blurbleblurble 9mo agoTheir comfort is hollow and false
- actionfromafar 9mo agoIf they can afford the oxygen tanks, their comfort is slightly better than the rest of us. It's what makes America great again!
- array_key_first 9mo agoIt depends. If you're someone like, say, Trump, then truly nothing matters because you're far too old to care. You can pretty much burn the whole world down and suffer zero consequences. This is one of the biggest downsides to letting the most old, and "wise", among us run the show. They have no incentive to help future generation or even current generations.
- schiffern 9mo agoYou're right. I should've said "Short-term Thinker Protection Agency." The old truism remains true today. A society becomes great when old men plant trees to cast shade they will never sit in.
- rob74 9mo agoWell, they very successfully advocated for their interests, and now the administration they helped install handed the EPA over to them. Maybe they should rename the EPA to Environment Destruction Agency, same as they renamed the Department of Defense to Department of War...