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by timecube
3110 days ago
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>How would there be a capitalist incentive not to do these things?
Not sure what a capitalist incentive is, but we have plenty of ways to potentially regulate this. Are you asking about technical feasibility of finding the actors responsible for it? >Do we really need regulations?
Yes. >Why do these things happen?
Greed/profit motive. >Why do people think it is acceptable to pollute?
Greed/profit motive. |
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I was thinking, in the framework of capitalism, what would the incentive be, other than regulation, to not pollute? Why does it not work, is the incentive missing?
For example, there are companies like Clean Harbors that earn billions from recycling toxic waste, oil etc. Are they earning money because regulations need to be met, or is there a profit to be made?
If latter, how come no one is trying to make profit by capturing pesticides/insecticides?
Would deregularization make these billion dollar waste collection companies bankrupt?