No, and it couldn't be, which the point that you seem to be circling. Markets aren't self-governing--they don't set the rules that they abide by (including which externalities are priced in and which aren't)--that's a function of government.
> Then the negative externalities should be properly priced in.
is what I was replying to, saying the market isn't going to naturally do this because capital doesn't actually care about negative externalities until forced to.
throwaway894345|4 years ago
derg|4 years ago
> Then the negative externalities should be properly priced in.
is what I was replying to, saying the market isn't going to naturally do this because capital doesn't actually care about negative externalities until forced to.
That's literally all I said.