Environment

Reconciling profits and sustainable development: Industrial waste recycling in market economies

Most authors still believe that the search for increased profitability has traditionally been incompatible with this goal because it favours a short-term perspective in which manufacturers tend to lower their costs by dumping polluting emissions into nature. This view, however, is based on a historically inaccurate assessment. Not only are higher profits and a cleaner environment compatible, but much historical evidence suggests that industrial recycling is a long-practised, productive and, indeed, essential element of the market system.

Links of interest

Media release: Earth Day – Environmental regulations are harming the environment

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