I know this is a troll but just in case anyone passing by buys into this.
Capitalism is a huge reason why we’ve had such difficulty fighting the ongoing climate catastrophe, plastic pollution issue, PFAS pollution issue, Mercury pollution issue and housing crisis.
The reason is twofold, first fiduciary obligation will make sure that any publicly traded corporation has to prioritize short-term gain over long term sustainability both for themselves and the planet.
The second reason is that once a company has sufficient control over a market they can use their money to influence legislation and competition with little regard for societal effects.
These are just some things off the top of my head.
What is happening? Stock prices are through the roof, markets are booming, everything is bloody awesome.
I know this is a troll but just in case anyone passing by buys into this.
Capitalism is a huge reason why we’ve had such difficulty fighting the ongoing climate catastrophe, plastic pollution issue, PFAS pollution issue, Mercury pollution issue and housing crisis.
The reason is twofold, first fiduciary obligation will make sure that any publicly traded corporation has to prioritize short-term gain over long term sustainability both for themselves and the planet.
The second reason is that once a company has sufficient control over a market they can use their money to influence legislation and competition with little regard for societal effects.
These are just some things off the top of my head.