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this post was submitted on 13 Jul 2023
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In Economic terms, it's Negative Externalities not being reflected in the price.
Negative Externalities are negative effects of an economic activity which are dispersed in their effect and thus affect everbody but just a little each (while the positives are all gains for the people doing that activity). These are things like Polution, destruction of Ecological Systems, emission of Global Warming gases and so on - there are quite a lot of things that are like that.
Mathematically (and in practice) the Free Market will never compensate for those (quite the contrary: it makes them more likely), which is why some kind of legislation which is actually enforced is needed to control such things.
This being Portugal, there is no political will to control most of those things (rivers are only clean nowadays because the EU forced it) so either there is no legislation, there is but it's toothless, there is but the fines are way less than the profits from law-breaking or there is but those supposed to uphold the law are activelly hindered in their work, have no real power to do so or are starved of funds so can't in practice do the job (just notice how the Comission for Transparency of Income of Politicians in Public Office has been for years waiting for approval for the location of their HQ)
The country might as well change its name to Cronyist Crookland.
That's it, negative externalities. Thanks for reminding me of the word. Which group would I support if I wanted to change something in Portugal? I have found a lot of middle class 'feel good activism' (planting trees which then die, talking endlessly about what to do, pass the same old advice to fellow citizens ...), but that doesn't really cut it. The country is a beautiful banana republic and has a few nice valleys to hide in, and I have been living here long enough to want to help protect these places. How can we hold accountable the industries who want to come here to destroy and extract?
Frankly, having even become a member of a supposedly thinking leftwing party in Portugal, I have concluded that the country is screwed as there really isn't any strategical thinking or even merelly political ideas constructed from the bottom up out of principles: it's all tribalism, celebrity culture, slogan parroting and people with a ridiculously narrow life experience improvising politics in the spot.
Looking around, I don't think there is a single political movement in the country with an actual thought through strategy or vision for improving things. Politics in Portugal is a microcosmos of the management culture in the country - which I can tell you from experience is amazingly bad compared to the rest of Europe - only with people that are even worse than that perry lousy average.
I'll probably go back to live abroad.