Environmental concerns arise from corporate activities from "summary" of The New Industrial State by John Kenneth Galbraith
The modern industrial system, with its focus on efficiency and profit maximization, often overlooks the impact of corporate activities on the environment. As corporations strive to increase production and reduce costs, they tend to disregard the long-term consequences of their actions on the planet. This shortsighted approach to business has led to a variety of environmental concerns that are now becoming more apparent and pressing. One of the main reasons why environmental concerns arise from corporate activities is the lack of regulation and oversight in the business world. Large corporations wield significant power and influence, allowing them to operate with a sense of impunity when it comes to environmental regulations. This has resulted in many companies prioritizing their bottom line over the well-being of the environment, leading to pollution, deforestation, and other forms of environmental ...
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