Jon Clucas : Externalities, Freedoms, & Consequences

Externalities, Freedoms, & Consequences

Jon Clucas

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Externalities, or effects of transactions on indirectly related parties, are not adequately included in monetary prices and tend to be obscured or completely hidden from consumers. This inadequacy of consumer capital markets is detrimental to democratic values and can be improved with information and communication technologies and legal reform. This book presents a brief overview of the history and status of externalities and freedoms in consumer capitalist markets and attempts to provide a starting point for reforms.

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