Externalities and unpaid care

An externality is a ripple the price did not write in. Pollution. Public health. Carbon. Data taken. Trust spent. The price was faithful to its narrow field and incomplete at the shared resolution. Correction means writing the ripple back into the field where it lands. Chapter Ten runs this at the substrate.

Unpaid care is the mirror case. Child-rearing, elder care, domestic work, community maintenance, trust. Capacity the monetised economy runs on and does not record. The structure reads capacity whether or not a price was written. Where the economy runs on care it does not honour, that is parasitic at the carer’s site. An economy that counts only money misreads its own ground.

This is the short edition of Ø Applications — a summary. Where a step is compressed here, the original carries it in full. The original book (PDF) · This edition (PDF)

The same page on the420code.org: the420code.org/models/applications/04-the-architecture-of-economics/