Having government in their pockets means they do it because they can, but the reasons go well beyond that. Pleading for them to act responsibility is of no use as capitalism requires them to act in socially irresponsible ways. Companies with stock traded on exchanges are legally required to earn the biggest possible profit on behalf of their shareholders, regardless of any other considerations. The rigors of competition also mandate this: If a company doesn’t grow, its competitors will and put it out of business.The author goes on to explain the details about fracking or hydraulic fracturing, how the ruling class's government paved the way for this technology, and the environmental and health costs that are now appearing.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Wednesday, October 2, 2013
They frack because clear air and water aren’t profitable
Click here to access article by Pete Dolack from his blog Systemic Disorder (Britain).