On Tue, Apr 14, 2015 at 8:35 AM, Rajesh Mehar <[email protected]> wrote:
I was reading this morning about a UN sponsored report that tries to factor > in the true costs of industries around the world including environmental > costs which, according to the report, are usually externalized to show > unrealistic profits. It also says that social costs are not even on the > radar, let alone consciously externalized. > I agree that these costs are externalised in all balance sheets. But to be fair, one needs to note that neither do balance sheets capture social benefits (quality of life after Company ABC set up in a remote area, perhaps?) I am willing to believe that the costs outweigh the benefits. Udhay -- ((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))
