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Can Capitalism Coexist With the Environment?

Industrial capitalism stimulated economic growth by way of trade and a global mass market based on mass production.  With the rise of the industrial revolution, slavery and serfdom were uprooted and the lower social class could now earn wages and own property.  Fluidity between classes became apparent.  Thus, capitalism brought benefits such as freedom of choice, a competitive market, private ownership, and economic and political independence.  Nonetheless, can a capitalist system coexist with the environment?  Capitalism brought “domination and exploitation” (Parkinson & Drislane, 2011, p.163) over the working class, conglomerate control of industry, and destruction to the ecological system.  The major concerns of a capitalist system in relationship with the environment is the attitude of maximizing corporate capital at all costs, even at the expense of abolishing the environment by way of industrial pollution, such as toxic chemicals, sacrificing public health, and the free trad…