Robert Steele on Environment
A: Voodoo economics is the standard in the USA, rather than True Cost Economics. Within our present corrupt system, the US Government has been bribed to validate a predatory capitalist system that concentrates profit and externalizes cost to the public and to future generations. It is the educated public that guide markets, not the government, but the government--if it were honest--would have a role to play in supporting an app that allows every citizen to scan a bar code and immediate see the true cost of any product.
Q: You mean that "true cost" would include environmental costs?
A: The true cost of any product [includes the] amount of virtual water, fuel consumed over life cycle, toxins emitted, [as wellas non-environmental costs such as] hours of child labor, and degree of tax avoidance through fraud.
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