this post was submitted on 05 Apr 2024
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Climate - truthful information about climate, related activism and politics.
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All these businesses know they are doing the wrong thing but the CEOs answer to share holders and shareholders only focus on profit. Governments are the only way to fix these big societal issues because any business who is early to make costly changes that affect profit in the short term will get killed in the market. If the government mandates changes, all businesses have to comply. No business has to stick it’s neck out to change, it’s an industry expense they all must make. Businesses hate risk without profit growth potential. The capitalist system just isn’t designed for these types of changes without a government guiding hand.