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I'm struggling to think of a case where the free market came up with an environmentally-friendly solution. Sometimes they jump on a save-the-whales bandwagon in
by beej71 2y ago
I'm struggling to think of a case where the free market came up with an environmentally-friendly solution. Sometimes they jump on a save-the-whales bandwagon in a token sense for additional sales, I guess. The environmentally friendly solution is rarely the most profitable, and if it happens to be, the companies are definitely doing it.
The cheapest way to make things is to hide the waste until it becomes someone else's problem. Look at some of the mining Superfund sites. Are you voting with your dollars by not buying mined products? The company that made the mess you didn't even know about and are now paying for was dissolved years ago.
Or the owner of a gas station lets their tanks rust out causing well water to be ruined in a mile radius. He abandoned the station and moved to another city in shame. And opened another gas station.
It sounds kinda like you're underestimating the lure of the bottom line in the free market.
- pdonis 2y ago> I'm struggling to think of a case where the free market came up with an environmentally-friendly solution. Ronald Coase would beg to differ.