this post was submitted on 22 Aug 2023
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You are making this too complicated. The "classic example" of a negative externality isn't carbon emissions, it's the "tragedy of the commons". People would overuse public land to graze their animals. Nobody took care of the public land or refrained from grazing to allow the grass to grow back, so it sucked.
A better example of a positive externality is a nice cafe that provides a nice environment for a town. The cafe doesn't just provide sandwiches and coffee. It improves the area around it and nearby businesses benefit.
this is a capitalist myth. the british peasantry maintained the commons until capitalist interests enclosed them.
No, it's a well studied phenomenon.
https://en.wikipedia.org/wiki/Tragedy_of_the_commons
this does not prove it's not capitalist propaganda. (it is).
https://en.wikipedia.org/wiki/Tragedy_of_the_commons#Criticism
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