Patel demystifies a new type of accounting that takes into consideration the social, environmental, and health impacts of food production. He points out, “There’s a theory of change here, of a kind. In a world where prices reflect environmental damage, you reward good behavior. If you internalize costs, agroecological food at your local farmers’ market ends up being cheaper than the packages at a supermarket.” This method of accounting is called true cost accounting and could radically change the food system.
Read the rest on Food Tank.