Post #2833523
2026-05-17 20:47 UTC
That’s the bad long-term decisions I’m talking about. They are currently directing the economy to end the world.
Replies (1)
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@DreamlandLividity@lemmy.world 2026-05-18 01:19
I am pretty sure what you are trying to talk about is called negative externalities. A negative externality is simply put a cost (harm) that a company inflicts on others and does not have to “pay for” itself. E.g. destroying the environment. The issue is that negative externalities don’t just apply to companies and capitalism. They are also what turns communist revolutions into authoritarian regimes. Dealing with them (or realistically minimizing their impact) is an incredibly complex subject. Trying to say we should solve it by getting rid of billionaires is like saying we should solve global warming by dropping ice cubes into the ocean.