Posted 2 years ago on Feb. 11, 2013, 8:35 p.m. EST by ZenDogTroll
from South Burlington, VT
This content is user submitted and not an official statement
How many cars are there in the world today?
For all of you global warming deniers out there - just imagine - What if every single automobile owner in the world stopped by your house, just to shit on your lawn . . . why - you would be able to eat shit
In 2012, for the first time in history, over 60 million cars passenger cars will be produced in a single year (or 165,000 new cars produced every day). . . . Cars (or automobiles) make up approximately 74% of the total motor vehicle annual production in the world.
The remaining 26%, not included in this statistics, is made up by light commercial vehicles and heavy trucks . . .
What is an EXTERNALITY? It is an economic term:
Externalities are costs or benefits arising from an economic activity that affect somebody other than the people engaged in the economic activity and are not reflected fully in PRICES. For instance, smoke pumped out by a factory may impose clean-up costs on nearby residents; bees kept to produce honey may pollinate plants belonging to a nearby farmer, thus boosting his crop. Because these costs and benefits do not form part of the calculations of the people deciding whether to go ahead with the economic activity they are a form of MARKET FAILURE, since the amount of the activity carried out if left to the free market will be an inefficient use of resources. If the externality is beneficial, the market will provide too little; if it is a cost, the market will supply too much.
One potential solution is REGULATION: a ban, say. Another, when the externality is negative, is a tax on the activity or, if the externality is positive, a SUBSIDY. But the most efficient solution to externalities is to require them to be included in the costings of those engaged in the economic activity, so there is self-regulation. For instance, the externality of pollution can be solved by creating PROPERTY RIGHTS over clean air, entitling their owner to a fee if they are infringed by a factory pumping out smoke. According to the Coase theorem (named after a Nobel prize-winning economist, Ronald Coase), it does not matter who has ownership, so long as property rights are fully allocated and completely free trade of all property rights is possible.
Surely even the densest of fools can plainly see that the consumption of 165,000 new cars every single day
is not without consequence.
I am confident that with time and the inevitable continuation of increasing global temperatures, the solution will become obvious - the precedent may most clearly be seen among the tobacco industry - which, as with fossil fuels and the debate over Global Warming, spent tremendous sums attempting to influence the debate over the health of nicotine.
The really interesting question here is this:
Can humanity survive the ignorance of those whose opinions can be persuaded by gifts or cash rewards . . . Is it in the interest of the species to engage in a new round of Eugenics, thus purging the gene pool of such fools and imbiciles . . . .