021 Mikel Garcia-Prieto Arrabal: Money makes a difference
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February 24, 2018
It’s time to talk about money. Money matters so more than we recognise in our daily life, and it really is the of the main ways of expressing our preferences in how we want the world to look like.Mikel Garcia Prieto Arrabal is an expert on the matter, he works as Spanish CEO of Triodos, that commits to only use and invest customers’ money for programs of sustainability or social impact.The real price of thingsMikel explains why the market prices of products often fail to represent the true costs inflicted in their production, transportation and usage. Externalities on the environment, as well as social costs are not counted toward the prices we pay, and yet they have to be covered by the whole of society. Think of organic vegetables: Even though you pay more at the supermarket cashier, their cost for your personal health and the one of farm workers is smaller and they do not contribute to the erosion of soil, the pollution of air and groundwater and the reduction in biodiversity. Consumers need to see the…