externalities

Capitalism

Video Post – Externalities – getting somebody else to pay for my production costs – the In Depth Capitalism series

October 25, 2020

Video Post – Externalities – getting somebody else to pay for my production costs – the In Depth Capitalism series

October 25, 2020

Capitalism features a structural drive to create and use external costs to increase profits. Pollution of the earth is the most obvious and visible; there are many others including injuries and death for workers.