[W]e need to rethink the way we keep track of behavior in the marketplace. We need full cost accounting... every cost that is generated by an activit… - Bret Weinstein
" "[W]e need to rethink the way we keep track of behavior in the marketplace. We need full cost accounting... every cost that is generated by an activity in the market needs to show up in the balance sheet, whether that is borrowing from future generations, whether that is putting the population at risk. ...They need to be included in the price of the product or otherwise returned to those who decided to initiate the action. If we did that, the amount of activity would drop... to exactly those behaviors that are actually beneficial to society, leaving out all of those externalities that are generating so much profit with our current system.
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About Bret Weinstein
(born 21 February 1969) is an American evolutionary biologist and podcaster who came to national attention during the 2017 Evergreen State College protests. He is among the people referred to collectively as the "," a term coined by Weinstein's brother .
Also Known As
Alternative Names:
Bret S. Weinstein
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Dr. Bret Weinstein
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B. S. Weinstein
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Bret Samuel Weinstein
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Additional quotes by Bret Weinstein
[I]n sectors of our economy where there is not a lot of room for utility-increasing innovations, we see an evolution towards ruthlessness... and that has interacted with... the central flaw in... our global system, with the U.S. at its head. What we have... are loops... Wealth that is made in the market is capable of increasing one's power over regulation. Power over regulation allows increased opportunity to make money in the market. This is a positive feedback loop. That should scare any engineer of biologist because positive feedback loops that are not bounded by some negative feedback force are unstable. They detonate. They explode.
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