Monday, October 5, 2015

Matúš Kočalka, Chapter 3, Question 1

There was a passage in which the author focused on the problem of pollution.
He already repeated this sentence many times, but it applies also in this situation: "People act to make themselves better off." In the market, this sometimes means that people act despite of the hight external cost - pollution of waters, air, environment etc. They simply don´t care about the consequences, because they don´t need to - if there are no restrictions and thus they´re not forced to. (bad government).
This ideology - that people act to make themselves better off - applies also on the other side, in this case, on the victims. The regular citizen would rather buy products from the company that pollutes, because they sell it cheaper than the company that established several restrictions (in order to not pollute the environment) and therefore need to sell their products for the higher price since the production cost was higher. In this case, the negligent company gets the support and can continue act on behalf of the general sake.
So this is simply an issue that needs a governmental act. Moreover, it affects me directly and on a daily basis, because take for example China. They´re one of the world´s biggest producers of CO2. Even though their progress is obvious, and they belong among the greatest world´s leaders, what´s the cost? Global warming, sea level rising, higher amount of asthmatic people, allergies etc.                 The world is connected, and since I´m a part of it, it affects me as well.    

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