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Because the negative externalities don't affect the balance sheets of companies. However the companies with the biggest profits can lobby politicians more effec
by quickthrower2 9y ago
Because the negative externalities don't affect the balance sheets of companies. However the companies with the biggest profits can lobby politicians more effectively. They can also pick their favorite jurisdictions to operate from.
- alimw 9y agoThis comment gets closest to the heart of things. Such costs can only be imposed by the state, but the state has limited power/desire to do so.