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How an abstract economics concept lets corporations off the hook

By The Hill   |   Aug 15, 2024 at 12:30 PM EST
How an abstract economics concept lets corporations off the hook

Individual actions like using reusable bags and recycling are important, but corporations must be held accountable for environmental damage. Companies shift responsibility to consumers, avoiding costs and maximizing profits. True accountability requires a multi-stakeholder approach to address social and environmental externalities, ensuring business practices consider people and the planet.

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