A Fatal Incompatibility: Big Business and Human Survival
June 30th, 2018
Dramatic as the title of the article is, it is becoming increasingly clear that this is not hyperbole or hysterics. It is the only logical conclusion one can arrive at if one analyses the facts of our current situation as a species.
Commerce has existed for thousands of years, with private and government-owned companies providing goods and services for sale, largely unregulated for most of that time. Of course, government has always had the capacity to intervene where business practices have been found to be unsafe or unethical, for the protection of society.
As economies have developed beyond a mostly agricultural foundation into a consumer-driven industrial system, corporations have gained increasing economic, social and political influence. Although there is now an enormous quantity of legal regulation in relation to the conducting of business (in the developed world particularly) corporations exert such a huge influence on countries (democratic or otherwise) that we could accurately be described as living in an age of corpocracy. The infiltration of governments by corporate interests is so severe that governments are almost powerless to prevent the wholesale destruction of our environment and huge damage to humanity without causing a worldwide economic collapse.
Most corporations are not owned by one or a few individuals any more. Generally a large number of unknown individuals (shareholders) own them, to whom the directors are solely answerable. In almost all cases, the priority of the shareholders is the maximising of dividends and share prices, which companies achieve by creating as much profit as possible within a given time frame; e.g., per quarter year.
As a result of this priority of creating profits, above all other activities, companies have a long history of ignoring ethical concerns or paying lip-service to such issues in order to avoid any negative impacts on profitability. Considering the continual impact of corporate donations and lobbying on the political process and subsequent regulation, it is clear that corporations have deliberately attempted to prevent or diminish assessment and legislation that might adversely affect them.
There are a multitude of examples of big business attempting to conceal nefarious practices or to prevent any actions to control or end them. It would be easy to write a huge tome on the subject but here I am only going to refer to a few of the most famous and serious examples of corporate irresponsible behaviour.
The production of energy that fueled the industrial revolution, the expansion of commerce, science, technology and the massive growth of human populations is a dirty business. This began with the discovery of coal and its crucial role in the use of steam power. It was clear from the start that coal was at times dangerous to mine, potentially explosive and extremely dirty to burn, as is still the case today. Crude oil and natural gas have long since overtaken coal as energy sources of prime importance, but these too are flammable/explosive and extremely damaging to the environment when burned but particularly so if leaked. Nuclear power, the youngest of the destructive energy industries, likes to portray itself as clean when the reality could not be more different. Apart from well-known polluting disasters such as Three Mile Island, Sellafield, Chernobyl and Fukushima, nuclear power produces huge quantities of troublesome waste that remain radioactive. This waste remains dangerous for centuries or millenia and the industry still has no way to decontaminate it or to guarantee permanent safe storage.
Throughout its history the energy industry has downplayed or dismissed health and environmental concerns in order to continue maximising profits - any changes that have arisen have been fought against and succeeded only due to overriding public pressure. Examples of this are the smog and acid rain from coal burning, lead poisoning due to tetraethyl lead in petrol, radiation leaks in nuclear power stations, oil and gas spills in the marine environment and most recently contamination of land and water from fracking. In each case, despite clear scientific evidence to the contrary, the energy industry has attempted to dismiss dangers, conceal or discredit incriminating data, avoid accepting responsibility and minimising reparations for disastrous incidents.
Even now, when overwhelming scientific evidence proves that these industries are polluting, unsafe and detrimental to all life on Earth, they continue not just to fight for their survival but try to expand and curtail any attempts to contain them. All this is still occurring despite almost universal government and public acknowledgement of the need to gradually close down these industries in order to secure the future of humanity.
The same problem is to be found in a wide variety of other industries. The tobacco industry is one of the most obvious examples - for decades it has fought against regulation despite knowing, all along, that its products are dangerous and entirely detrimental to health. The pharmaceutical industry was most famously scandalised by the Thalidomide catastrophe of the 1950s and 1960s but despite many benefits to humanity this industry is also responsible for repeated cover-ups, creating wide-scale dependency on addictive prescription drugs, over-prescription of antidepressants, causing antibiotic resistance through over-use and environmental pollution, all in the name of profit expansion.
Plastics, an offshoot of the oil industry, seemed like a manufacturing miracle but it has turned out to be a nightmare for humanity and a vast number of the world's species. Despite increasing evidence of planet wide pollution and damage to huge numbers of species, including humans, the industry continues to fight against change and much needed regulation instead of attempting to transition to bio-plastics and reinvent itself.
Another major offender is the agricultural and food industry, which has been hugely responsible for the degradation of the environment. Apart from continual reckless deforestation, agriculture is responsible for damaging top soil run-off and pollution of rivers and seas with pesticides and fertilizers. In the 1960s DDT famously caused huge numbers of bird, insect and animal deaths as well as dangers to humans leading to it being banned. Despite improvements in regulations, pesticides continue to have a catastrophic effect on the environment (bees in particular) and contamination of our food and water is still occurring all across the globe. Irresponsible farming practices are degrading the environment, increasing desertification, causing water contamination and biodiversity loss; overfishing is depleting the oceans; genetically modified organism of questionable safety are entering the food chain, all of which is despite wide-spread public opposition.
These are just a few areas that I've chosen, but the list is almost endless - in virtually every area of industry and corporate activity attempts have been and are being made to circumvent or decrease regulation, deny responsibility and avoid adopting practices that will affect profitability. Self-regulation and government regulation has almost entirely failed to prevent unchecked growth at the expense of humanity and the environment we depend on. Perhaps the side-effects of industrial society were not so evident decades ago and one can assume businesses generally are not created with the intention to destroy the fabric of life. However, due to decades of solid scientific evidence, no-one can plead ignorance any longer regarding the dire situation humanity has placed itself in.
Short-sighted as it is, governments are so influenced by the corporate sector and by fear of economic instability that they are able to offer little more than token gestures or reforms over such a long timescale that they are too little, too late. Apart from a sudden and catastrophic economic collapse, there is little to indicate that the behemoth of corporate big business is likely to change its destructive practices in any significant way or stop attempting to prevent or diminish restrictions upon it.
So given, that the corporate world is most likely to continue to act against the greater interests of humanity (and ultimately itself) what can we do about the situation? Although we may feel powerless as individuals to effect change in the world, especially when faced with the enormous power of the corpocracy, we do in truth wield massive economic power. In the absence of governments fighting our corner with any sincerity, it is up to us to wield the only weapon we have in the effort to force corporations to change their ways.
The one and hugely powerful weapon we have is our choice as consumers. What corporations want and need most of all is our money; without it they cannot function and without consumers to buy their products they have no reason to exist. While campaigning to governments should not be abandoned, it is of unpredictable worth, with no guarantee of success - another approach is required. Direct action in the form of consuming less or withdrawal of custom has an immediate and severe effect on any business if enough people are prepared to take part.
If we meekly wait for government regulation to kick in and curtail the rampant irresponsibility of the corporate sector, then there is little chance of major change happening before the collapse of human society is unpreventable. If, however, we as concerned consumers, vote with our wallets and also let companies know why we are doing so, then businesses that wish to survive will be forced to change. In a revitalized society where the consumer calls the shots businesses that are able to embrace environmentalism, revolutionize their products and methods will succeed. In the past, when businesses that failed to adapt to new trends or new technology they simply disappeared, sometimes extremely rapidly. That is still the case today. Businesses that fail to adapt to consumer demand for ecologically responsible trade and a move away from putting profit above all else can be forced to change their stance or face extinction.
Personally I would rather suffer the economic effects of irresponsible businesses ceasing to exist than see the continued rapid extinction of species and degradation of our planet. Ultimately we as individuals have the power to change our own behaviour and demand that corporations change theirs. The time available to bring this transition about is not unlimited. In a decade or two it may already be too late; now is the time to turn the tables on big business and force it to change its ways.
address: Dissident Voice
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