Where American Capitalism once held that companies were responsible to their workers, their customers, their communities and their shareholders, Tyler Durden examines the insurgency of the free market ideology that companies are in fact, only responsible to their shareholders …that which became more of a world of plunder for profit. And now, as consumer demand declines, where do we go from here?
Essentially, capitalism is a plunder mechanism that generates short-run profits by externalizing long-run costs. It exhausts natural resources, including air, land, and water, for temporary profits while imposing most of its costs, such as pollution, on the environment. An example is the destruction of the Amazon rain forest by loggers. The world loses a massive carbon sink that stabilizes the global climate, and loggers gain short-run profits that are a tiny percentage of the long-run costs.
