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| Author: | Commoner, B. |
| Title: | Can capitalists be environmentalists? |
| Journal: | Business and Society Review
1990 : FALL, 75, p. 31-35 |
| Index terms: | ENVIRONMENTAL PROTECTION CAPITALISM POLLUTION MARKET ECONOMY CORPORATE RESPONSIBILITY HAZARDOUS WASTES |
| Language: | eng |
| Abstract: | In the USA some USD 1 trillion had been spent to control environmental pollution, but with only minimal results. Between 1975 and 1987 the average reduction in the emission of standard air pollutants was only 18 percent, and there was an increase in nitrogen oxide emissions. If the environmental crisis is to be resolved, ideological issues can no longer be evaded. Market mechanisms have serious limitations in environment pollution, if it is allowed to govern the technology of production. There is also a clash between ideology and reality in the USA, as yet unacknowledged like in the Soviet Union before Gorbachev. One answer is the notion of "corporate responsibility", in its most recent form the "Valdez Principles". |
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