Axiom 1: An economy that does not take into account all costs claims the wealth of the Earth at the expense of the health of life.
Axiom 2: Citizens who represent society in governments or corporations and who are paid more than the normal wage are loyal to money without regard to society or Earth's life support systems.
Axiom 3: Although the germination strength of an emerging society cannot see what it is becoming, it can organize itself to set a path away from known dangers and also away from those who promote problems.
Facet one maintains a full cost market; Prices are managed and adjusted to express all public and environmental goods and costs. How this works is part of a modern system of governance. Humanity knows we all share a dire emergency. Together we search for solutions. An educated population choosing less environmental damage via more accurate market prices is a smart team working for survival. Educated citizens are the best solution for impending environmental collapse. The people create a government with a purpose in mind; Daily required civil functions so the people may enjoy a peaceful, healthy and fun way of life.
Profit motive has long been accepted as a motivating reason to live; a mode of operation. Times have changed. A business must of course make a profit. Even so, predictions of environmental collapse place survival of the species as the defining purpose of civilization. And survival is not guaranteed. Capitalist privatization and financialization have threatened Earth life support systems. Should the right to housing be privatized? Think about it; there is a social component to housing. Secure families living in a prideful place among friends will have smaller families and send their children to school. Cultural strength will grow from societal concentration on environmental health supported by education. That aspect of profit has never been measured and it is huge; The population declines gently with rebounding Earth bounty. This describes a happy future.
How will a publicly price balanced market work? A public banking system makes a good start on rationalizing prices with costs and benefits yet it will not solve every environmental problem normal commerce creates. Autonomous democracy will evolve into a system that includes public costs and goods in price. Future answers to large problems are not needed to takes the first step forward. A positive government receives many proposals every day. Deciding among proposals and actually doing them is a modern concern. Return to the housing example; a clean and safe home yields almost uncountable positive public goods, reduced need for policing is one. Should public banking be a proposal? Budget balance? Voter approved bonds? Zero subsidies? A monetary unit based on kilocalories?
There will be many young entry level environmental accountants researching the negative and positive costs of everything. What happens if a billionaire demands permission to pollute? How will young environmental accountants resist? What if the billionaire decides to fight all the way to the supreme court? Against, for example, deposits on all plastic containers at every cashier's station in the country? Plastic buckets, water bottles, packaging, fishing nets and tarps are included in the deposit to encourage recycling. Autonomous democracy and environmental accountants keeping a sharp eye on the market have the strength and talent. How will this new form of government work?
Editor, Garrett Tobin Connelly contact •collaborate via email•