« The Un-sustainability of Modern Capitalism2012 APOCALYPSE: THE DOOMSDAY BUNKER »

Profit Pathology and Disposable Planet

February 27th, 2011
Categories: News, Environment

Link: http://www.informationclearinghouse.info/article27571.htm

Some years ago in New England, a group of environmentalists asked a corporate executive how his company (a paper mill) could justify dumping its raw industrial effluent into a nearby river. The river—which had taken Mother Nature centuries to create–was used for drinking water, fishing, boating, and swimming. In just a few years, the paper mill had turned it into a highly toxic open sewer. It was a familiar argument: the company had no choice. It was compelled to act that way in a competitive market. The mill was not in the business of protecting the environment but in the business of making a profit, the highest possible profit at the highest possible rate of return. Profit is the name of the game, as business leaders make clear when pressed on the point. The overriding purpose of business is capital accumulation.

News  Share this page

Your donation helps provide a place for people to speak out. thepeoplesvoice.org P.O. Box 159113 Nashville, TN 37215 Not tax deductible. editor@thepeoplesvoice.org

Search

Search the Site Search the Internet
May 2012
Sun Mon Tue Wed Thu Fri Sat
 << <   > >>
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    

Referred by Liberty
Just Foreign Policy Iraqi Death Estimator

XML Feeds

blog software
FAIR USE NOTICE: This site contains copyrighted articles and information about environmental, political, human rights, economic, democratic, scientific, and social justice issues, etc. This news and information is displayed without profit for educational purposes, in accordance with, Title 17 U.S.C. Section 107 of the US Copyright Law. Thepeoplesvoice.org is a non-advocacy internet web site, edited by non-affiliated U.S. citizens. editor