Something that's usually unmentioned is that a hundred or more years ago, if a corporation polluted an individual's property, the individual could take it to court and sue for compensation. As the government has a monopoly on arbitration, they eventually decided big business was more important than property rights in order to compete with other countries. But a system with those property rights actually protected creates a huge incentive to lower pollution, and that incentive no longer exists.
Corporations are focused on one thing: profit. The only way to get them to change is to make it profitable for them to do something. Through legislation we can make it profitable for them to act a certain way.
That would explain a lot of companies resistance to change. Also change is hard, in chemistry its called the activation energy to get the reaction to run. Excellent comment.
Something that's usually unmentioned is that a hundred or more years ago, if a corporation polluted an individual's property, the individual could take it to court and sue for compensation. As the government has a monopoly on arbitration, they eventually decided big business was more important than property rights in order to compete with other countries. But a system with those property rights actually protected creates a huge incentive to lower pollution, and that incentive no longer exists.
Lifeblood086 4 years ago
off the subject a new hair cut nice :) ... and very good points good video.
eveofu 5 years ago
Thank you, glad you thought it was a bit interesting.
davidnode 5 years ago
Corporations are focused on one thing: profit. The only way to get them to change is to make it profitable for them to do something. Through legislation we can make it profitable for them to act a certain way.
sabot96 5 years ago
That would explain a lot of companies resistance to change. Also change is hard, in chemistry its called the activation energy to get the reaction to run. Excellent comment.
davidnode 5 years ago