On Sat, Dec 27, 2025 at 02:29 PM, Tom Walker wrote: > > how terminology evolved from Marshall's external and internal economies > and diseconomies to today's (environmental) externalities
Possibly Francis Bator's 1958 article "The Anatomy of Market Failure." This notion of "market failure" brings to mind, Martinez-Alier and O'Connor's point, > > "Externalities are preferably seen not as market failures but as > systematic cost-shifting to future generations, to the poor and to other > species. A zero price for pollution or for resource extraction does not > signal a market failure but a relation of power (Martínez-Alier and > O’Connor, 1999; O’Connor and Spash, 1999)." > -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#39900): https://groups.io/g/marxmail/message/39900 Mute This Topic: https://groups.io/mt/116961607/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
