10/26

     Today we continued watching the video on corporations. Corporations make decisions based on how much money they make or lose. Currently, the fines for doing illegal business are smaller than the profits the corporations earn by doing illegal business. Therefore, the law doesn't have any effects on big corporations. I was shocked that many famous corporations such as Exxon, Mitsubishi, IBM, Pfizer etc. had done illegal activities in the past. 

    Corporations don't have any interest in protecting the environment too. They rather exploit the ecosystems to create profits. This is because protecting the environment doesn't create any profits at all. The stockholders have no interest in protecting the environment, making money is the only thing they have in mind. 

    I thought that these problems were inevitable because capitalist societies weren't designed to take into mind the poor and the environment but it is a system of making profits and infinite never-ending growth. Technologies may solve these problems but we have to create a society in which the corporations would willingly introduce systems or technologies to improve the environment.

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