Yes and no.
Item price doesn't include 'externalized costs' E.g. An item produced in China or under Trump's toothless EPA will likely have greater associated pollution compared to a similar product produced in a nation that has strict pollution laws. This one is hard to find information about. All the 'externalized costs' estimates I've seen are just ...
There is quite a literature on alternative economic models, e.g.
Green Economics: An Introduction to Theory, Policy and Practice. Moly
Scott Cato, ISBN-13: 978-1844075713
Supply Shock: Economic Growth at the Crossroads and the Steady State
Solution. Czech, B. 2013. and other works on steady state
This Changes Everything: Capitalism vs. The ...