Externalizing machines

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Written by James Gustav Speth

The profit motive powerfully affects corporate behavior.  Profists can be increased by keeping wages low and real social, environmental, and economic costs externalized, borne by society at large and not by the firm.  Today's corporations have been called "externalizing machines" because they are so committed to keeping much of the real costs of their activities off the books.

James Gustav Speth, America the Possible, p.5

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