3 ms·
Very simply put: because in neoliberal capitalism, the only goal of companies is to maximize profit in the short-term (because financing is driven by short time
by shafyy 1y ago
Very simply put: because in neoliberal capitalism, the only goal of companies is to maximize profit in the short-term (because financing is driven by short time horizons). Crucially, companies don't need to internalize any external costs.