Quote:
Originally Posted by Fuzz
It's a great idea in theory. In practice, it would be a nightmare to attempt to quantify, track, and bill all externalities for everything we purchase.
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I don't disagree, an in fact, even stated the free market is really bad at this
That's why regulations and standards come into play.
Even if you could track all of this (I've seen some neat applications of block chain in the food supply where every ingredient could be tracked back to it's source, great for tracking foodborne illness), it still relies on inspectors and other bribe-able positions.
I can't think of anything that works other than producing things in countries you trust. But then how do you let the rest of the world grow up into countries that can be trusted if they have no economic leverage?