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by eloff 1789 days ago
In general I agree with you. Simply taxing things with negative externalities enough to cover the true cost would simply and conclusively fix a lot of things we struggle with, faster and without relying on politicians.

I think it's politically very unpopular, but the economic theory behind it is extremely sound.

3 comments

If you priced everything according to the negative externalities they cause, you would have poor people unable to afford $10/gal milk and probably pay more than the dairy farmer subsidy in healthcare costs related to poor nutrition for this entire class of people. I think nuance is needed, but the danger is that this nuance is where industries see opportunities for regulatory capture. Sometimes I think the American political system is too brittle with too much of a focus on who has the most money in the room to perform needed change. Everything in recent decades seems to be a half measure that comes too little too late.
I think the problem of poor people not being able to afford adequate nutrition has to be tackled separately. You're right that there will be all kinds of unintended effects. You're also right (in my opinion) that the US political system seems incapable of solving those kinds of hard problems anyway.
I really hope liquid democracy can someday become a thing.

The fact that an idea can be both good and unpopular is -- IMO -- the linchpin of almost every other problem we face.

Even worse, some ideas are both good and popular, and politicians still don't get behind them.
Yuup. 80% of democrats (and a majority of Americans) support Medicare for All but the DNC rejected it from their 2020 platform. Sadly, lobbyists are running our party system to a much greater extent than the citizenry.

https://www.kff.org/slideshow/public-opinion-on-single-payer...

> an idea can be both good and unpopular

communism is a good idea, but it's unpopular, for a reason i say.

The reason for the idea of taxing externalities being unpopular isn't really proven yet - after all, it hasn't been instated, but just spoken about, and the silent majority don't have an opinion!

Communism is unpopular because it says people on average are unimportant and the "greater good" is more important. Most people aren't going to glom onto that when they realize that's the real result as easily demonstrated in any number of failed communist countries, even China gave it up and moved to a more totalitarian one party system that allows some free market ideas in. apparently they're even moving to a dictatorship steadily rather than communism.
> communism is a good idea

Is that a troll? See my comment below.

I should note, that I don't think massive political shifts should be tested in production.

So whether communism is a good idea or not remains to be seen. We need to run a solid pilot, get the as many kinks out as possible, and then assess.

Similar with taxing damages to Earth.

> So whether communism is a good idea or not remains to be seen.

You are being too charitable. There is no shortage of data on communism after the last century. The results are so unequivocally bad across the board, you have to be ignorant of history or just ignorant in general to still think it's a good idea. As soon as someone tells me communism is a good thing, I realize I'm taking to someone who is not very intelligent and look for a way out of the conversation.

Edit: You can downvote, but you can't change history. There are levels of being wrong, but thinking communism is a good idea is just an extremely wrong opinion completely contradicted by history in over 40 countries (I counted) over a period of 100 years - with not a single example in favor.

On top of that, the evils perpetuated by communist countries upon their own citizens were not surpassed by any regime of the 20th century, not even the genocidal ones like Rwanda, or Nazi Germany. And yet some clueless class of people, largely located in academic institutions still somehow thinks it's a good idea. They are not only wrong, they are so wrong as to be stupid, and while I don't condone ad-hominen attacks generally, I feel it fits accurately here.

Nazi Germany and Rwanda weren't communist. What are you saying? It would help to have a grounding on what communism is before repeating tired talking points.

>with not a single example in favor.

Soviet Russia went from a couple of potato farmers to a global super power in the span of 30 years under communism before transitioning to totalitarian dictatorship. Likewise there was nothing inherent to communism and more the lack of a strong republic.

> Nazi Germany and Rwanda weren't communist. What are you saying?

I didn't say they were. Go back and read it again.

> Soviet Russia went from a couple of potato farmers to a global super power in the span of 30 years under communism before transitioning to totalitarian dictatorship.

No, it already was a totalitarian government from the start. Also Soviet Russia is an excellent example of the failures of communism, citing it in support is not helping your argument.

I down-voted your comment because of your superiority complex, the terms like communism are too generic and the reality is that most communist countries were "kicked" in the balls by the capitalist.

I seen a comment by a "intelligent dude" like you, in his intelligence he compared North and South Korea, ignored that sanctions for the North and the tons of money US dropped on south and he got the conclusion he wanted.

The truth is that there is not enough good data, I would like to see some examples of countries that were not under sanctions or under a cold war or had some insane dictator leading them.

There is plenty of good data. 40 counties make up around 20 independent failures out of as many attempts at implementing communism.

> I seen a comment by a "intelligent dude" like you, in his intelligence he compared North and South Korea, ignored that sanctions for the North and the tons of money US dropped on south and he got the conclusion he wanted.

Don't even get me started on the story of the two Koreas. Everything you need to build an open and shut case against communism can be found in the recent and well recorded history of those two countries.

You can object to my "superiority complex" but at the end of the day I'm still right and your still wrong. This is not one of those things where reasonable people can have differing opinions.

Some of us have had first hand experience with communism, it does not "remain to be seen" for everyone, just those who don't know.
Mostly because it makes the poors even more poor and when you live in a democracy that's a hard feat to overcome because they're going to vote for candidates who promise to make them not more poor.