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Failure to take account of externalities of systems
Claim
An externality is a spillover of losses or benefits from one individual, process or system to another.
Counter-claim
2. The hidden flaw never remains hidden.
Broader
Imperfect accounting
Disregard of opportunity costs
Inadequate economic policy-making
Inadequate environmental impact assessment
Quantitative understanding of responsibility
Narrower
Lack of demolition planning
Inadequacy of scientific reasoning
Hidden environmental costs of economic production
Related
Prohibitive cost of electricity
Ineffectual environmental policy
Outdated production line methods
This problem is a member of 57 aggravating loops
Aggravates
Ineffectual environmental policy
Unsustainable economic development
[in 1 loop]
Accountability based solely on profit
[in 9 loops]
Inadequacy of economic accounting systems
[in 6 loops]
Undervaluation of asset replacement costs
[in 10 loops]
Environmental hazards of industrialization
Unconstrained exploitation of natural resources
[in 12 loops]
Undervaluation of nature in planning and decision making
[in 14 loops]
Lack of incentive for users to care for community property
[in 17 loops]
Inappropriate agricultural subsidies for chemicalized farming
[in 1 loop]
Aggravated by
Undervaluation of natural capital
Disregard for intrinsic value of nature
Exclusion of inconvenient policy factors
Short-term planning of product life cycles
Reduced images of environmental protection
Public non-accountability in control of production processes
Reduced by
Commercialization of nature
Strategy(ies)
Capturing environmental value
Researching economics of conservation
Costing environmental damage
Using full cost accounting
Reforming Gross Domestic Product
Expanding international information on cleaner production
Providing environmental assistance to developing countries
Undervaluing environmental processes
Excluding inconvenient policy factors
Taking account of externalities of systems
Revealing hidden environmental costs of economic production
Concealing environmental costs of economic production
Reference(s)
Helleiner, Gerald K: Trade Policy, Industrialization and Development: new perspectives
Rifkin, Jeremy K: Biosphere Politics
Type
(F) Fuzzy exceptional problems