The root of the problem is that neither government nor business uses full-cost accounting in its use of resources. In fact, the government’s indicator for the health of the economy is the GDP (gross domestic product), which measures the economic health of a nation by the value of the quantity of goods produced, not by the cleanliness and availability of air and water, the health of soil, the biodiversity of ecosystems, or the temperature of oceans—the elements that support and sustain the natural resources necessary to build products these corporations sell. Rather, it has become a race to
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measuring externalities
