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The is nothing but economics accounting for "externalities."

Two British economists are credited with having initiated the formal study of externalities, or "spillover effects": Henry Sidgwick (1838–1900) is credited with first articulating, and Arthur C. Pigou (1877–1959) is credited with formalizing the concept of externalities.
The word externality is used because the effect produced on others, whether in the form of profits or costs, is external to the market.

It's been a wet dream of green kooks and anti-capitalism kooks for decades to force companies to account for what they claim are the "external" costs of production, i.e., costs that are imposed on society that are not counted in the cost of goods sold.

It's a legitimate concept, but almost impossible to put into practice. Who do you put in charge of calculating the external costs that will be imposed on consumers? Government? Ha!! Communist economists? Ha!! University professors? Ha, Ha, Ha!!!

There HAVE been some successes, though: air pollution controls, water pollution regulations, seat belt laws, zoning laws (some cases), helmet laws. Flame away!

Actually that's a good post. It turns out she's pimping a new book where she deconstructs Friedman and his ridiculous globalist handbook "The World is Flat":

"At the dawn of the twenty-first century, Thomas Friedman, in The World Is Flat, declared globalization the new economic order. But the reign of globalization as we’ve known it is over, argues Financial Times columnist and CNN analyst Rana Foroohar, and the rise of local, regional, and homegrown business is now at hand.
"With bare supermarket shelves and the shortage of PPE supplies, the pandemic brought the fragility of global trade and supply chains into stark relief. The tragic war in Ukraine and the political and economic chaos that followed have further underlined the vulnerabilities of globalization. The world, it turns out, isn’t flat—in fact, it’s quite bumpy.
This fragmentation has been coming for decades, observes Foroohar. Our neoliberal economic philosophy of prioritizing efficiency over resilience and profits over local prosperity has produced massive inequality, persistent economic insecurity, and distrust in our institutions. This philosophy, which underpinned the last half century of globalization, has run its course. Place-based economics and a wave of technological innovations now make it possible to keep operations, investment, and wealth closer to home, wherever that may be." - "Homecoming: The Path to Prosperity in a Post-Global World", Rana Rosannadanna Foofahahahar

You gotta like a book that starts off by punching Friedman in the face just 20 years after he pronounced globalism as the new religion for the new century.

OTOH, it's clear that she has mixed up externalities into her stew of woke anti-populism. I mean if you're not going to embrace populism after dismantling globalism what is the foofahaharhar point? And she's as fugly as the day is long.