@breadandcircuses We need to be pushing a new Economics 2.0 based on physics, rather than philosophy. An economics that fully accounts for negative externalities, full stop.

The “profit” in the profit motive --- driving the extreme capitalist excesses --- only exists because negative externalities like pollution, diminishing resource returns, and the mental impacts upon the labor force, are simply not written into the balance sheet.

But these “debits” on the balance sheet are absolutely real. They’re just ignored. The capitalists call that oversight "profit." It's not. It's theft by accounting gimmick. It DEFIES the laws of physics. And THAT is how the rich and powerful paper up the crime of destroying the our biosphere.