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by nlperguiy
3113 days ago
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> 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? 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? |
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Yes? If there aren't regulations, then waste will be disposed of by the cheapest method, which usually involves dumping it into the atmosphere and/or water. This is how it used to be until environmental campaigning in the 70s and 80s got the regulations introduced in the West, and far more recently in China.