Individualism and Libertarians Americans are renowned for their sense of individual identity and empowerment. de Tocqueville noted this back in the 1830s in his Democracy in America. Hollywood and mass media have mined it continuously. Politicians appeal to it frequently. In my lifetime the position of the individual has been --->> read more -->>
Video Post – Externalities – getting somebody else to pay for my production costs – the In Depth Capitalism series
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.