BP oil spill

Out of context: Reply #397

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  • ukit0

    I think the basic issue is that a capitalist system by definition should solve this, right? Because if alternative fuels are a better option, the market should provide built in incentive to make the shift. But it can't, because the problem is a long term one and doesn't provide immediate gains.

    In a way it's the same problem that was there with the financial system...it should have been clear the system was not tenable but companies pursued it anyway because it offered short term profits

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