Comment by myrmidon
5 hours ago
You can recognize externalities and deal with it just fine without abolishing capitalism. See leaded gas or CFCs for example.
5 hours ago
You can recognize externalities and deal with it just fine without abolishing capitalism. See leaded gas or CFCs for example.
Neither leaded gas nor CFCs were eliminated because of capitalism. They were eliminated in spite of it. Companies got dragged kicking and screaming into compliance because of regulatory oversight, which is anathema to pure capitalism.