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[ 5 Mar 2008 | 2 Comments ]
The Economics of ‘Organic’

I’m not really keen on the term organic. It’s become a little too fashionable for my liking, it seems to be as much about the expensive upper class image as about it’s actual roots – no pesticides, ethically produced etc…
Having said that, I do realise that the term ‘Organic’ is serving a valuable purpose.

The Problem
Currently, products are predominantly marked with monetary costs, social costs are rarely advertised.
For example, when you visit tesco (or other food outlet) the only costs displayed are the monetary costs. Each item is labelled …