Externalities

Capitalism uses the concept of externalities to ignore and/or hide the actual costs of any business project.  This posits those costs onto an outside (unstated) agent–usually to be discovered as costs to be born by the rest of the world.  It is time to stop this practice and require actual costs to be accounted for by the people who create them.  Environmental costs, health costs, stolen profits, political costs, job losses:  all are dismissed with impunity.  They are not minimal and thus ought not to be ignored.  They are not actually external to anything but the limited liability of the corporation that creates them.

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