
Daniel Schmachtenberger: "Bend Not Break Part 5: Criteria and Categories for Response" | The Great Simplification #50
The Great Simplification with Nate Hagens
Reevaluating Market Existence through True Cost Accounting
Externalizing costs to the environment and marginalized people is what sustains the current market system. If all costs were properly accounted for and paid, the market would not exist in its current form. Profitability of industries would drastically change, requiring deep restructuring. Realizing the cheapness of factory-made products urges a shift towards fewer, but more expensive goods focusing on reuse and durability.
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