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LSDefine

Simple English definitions for legal terms

social cost

Read a random definition: silver-platter doctrine

A quick definition of social cost:

Social cost refers to the overall cost that society bears as a result of a particular activity or decision. This includes not only the monetary cost, but also the impact on people's health, the environment, and other factors that affect the well-being of society as a whole. For example, the social cost of pollution includes not only the cost of cleaning up the pollution, but also the cost of health problems caused by the pollution. It is important to consider social cost when making decisions that affect society, in order to ensure that the benefits outweigh the costs.

A more thorough explanation:

Social cost refers to the overall cost to society of a particular action or decision. This includes not only the direct costs to individuals or businesses, but also any indirect costs that affect the wider community.

  • Environmental pollution is a social cost because it affects not only the health of individuals, but also the quality of life in the surrounding area.
  • Excessive alcohol consumption can lead to social costs such as increased healthcare expenses and lost productivity due to alcohol-related illnesses and accidents.
  • Government policies that restrict individual freedoms, such as mandatory mask-wearing during a pandemic, can be seen as a social cost because they limit personal autonomy for the greater good of society.

These examples illustrate how social costs can have far-reaching effects beyond just the individuals directly involved. They show how decisions made by individuals or governments can impact the wider community and highlight the importance of considering social costs when making choices.

social contract | Social Security Act

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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