…el T in 1908, and by the 1920s the price had fallen so much that Model T was ubiquitous in America. By creating the Model T, Henry Ford freed people from the filth of horse manure, and diseases that came with it. He cleaned up the streets, increased comfort, reduced travel time, and increased overall quality of…
Does capitalism pay for the oil spills large and small? Does capitalism pay for the smog and the poorer health outcomes from smog? Does capitalism pay for the MTBE in our water supplies?
Not without government intervention.
Capitalism doesn’t clean up after itself. It is only concerned with profits, not the humans that are left behind.