one of those hidden value extraction mechanisms, or externalization of hidden costs onto society. a big mac has the immediate costs of materials and labor, but also the externalized costs, either manifesting in healthcare or shortened lifespan and decreased quality of life. not to mention the environmental damage of the meat industry and transportation and everything else
in other words these corporations are cashing out value from our future in the form of present profits. if time were flattened or all costs were somehow required to be paid upfront things like fast food would be a lot more expensive for corporations to mass produce.
Agreed. I’m interested to see how a supermarket in Germany charging some externalities for the items it sells goes. Because it seems to be just 9 products at one chain, I am a bit cynical regarding how much this will accomplish, but it will nevertheless be interesting.
one of those hidden value extraction mechanisms, or externalization of hidden costs onto society. a big mac has the immediate costs of materials and labor, but also the externalized costs, either manifesting in healthcare or shortened lifespan and decreased quality of life. not to mention the environmental damage of the meat industry and transportation and everything else
in other words these corporations are cashing out value from our future in the form of present profits. if time were flattened or all costs were somehow required to be paid upfront things like fast food would be a lot more expensive for corporations to mass produce.
Agreed. I’m interested to see how a supermarket in Germany charging some externalities for the items it sells goes. Because it seems to be just 9 products at one chain, I am a bit cynical regarding how much this will accomplish, but it will nevertheless be interesting.