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Can "True Cost Accounting" tell us more than a price tag? - Vimarsana News

Can "True Cost Accounting" tell us more than a price tag?

40 McNuggets for $13.99 sounds like an unbelievable deal. So, maybe it is. Groups like the Sustainable Food Trust are on a mission to demonstrate how, in the current commodity food system, big corporations can offer shockingly low prices and still rake in profits because they cut corners at every step along the supply chain, offloading long-term costs onto the public while duping them into thinking their dinner was a bargain. Advertisement: For example, companies pay wages too low to support families, shifting a portion of their labor costs onto taxpayers (in the form of nutrition benefi...

Source: salon.com