The True Cost of Cheap Food

Photo by Sheila Menezes, via Food Tank

Photo by Sheila Menezes, via Food Tank

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.

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