Environmental degradation result of market forces from "summary" of The Great Transformation by Karl Polanyi
Environmental degradation is a natural consequence of the unchecked power of market forces. When land, water, and air are viewed simply as commodities to be bought and sold, their true value is often overlooked. This leads to their exploitation and ultimate destruction in the pursuit of profit. The drive for economic growth at any cost has blinded society to the long-term consequences of environmental degradation. In the quest for short-term gains, businesses and governments alike have ignored the warning signs of ecological collapse. The result is a world where pollution, deforestation, and climate change run rampant, wreaking havoc on ecosystems and human health. The market forces that drive environmental degradation are deeply ingrained in our economic system. Neoliberal policies prioritize privatization, deregulation, and free trade, all of which encourage the exploitation of natural resources without regard for their s...
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