Impact On Environment Of Earning More Profit By The Big Corporate

By Author: Jim Lee
Total Articles: 332
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The capitalistic economy always favor for the open market, foreign investment, setting up of industries for economic boost. The boost is arrived in term of lump sum of profit. And the profit is the main moto of any big corporate whatever be the impact of in environment. There are many examples all over the world which has made that profit does not help in living and making healthy, pollution free and friendly atmosphere to sustain with good health. The worst industrial genocide of Bhopal, famously called Gas tragedy, is a big example. A multinational company’s only profit earning strategy destroyed the whole living things and the environment there and how, it is known to rest of the world.


The favorable condition for big industry is necessary for economic development. Big projects are necessary as it brings inflow of foreign currency in terms of FDI in the market. It increases GDP and helps a nation to be a powerful one. If there is no industry there will not be any investment opportunities, no job creation, no progress and no technological development. So a country will not go ahead. The present scenario ...
... of the open economy which nourishes only the elite class development is like that. It is hardly possible to find real development model for all section of the people mostly for the marginal and economical classes of the people. There is hardly any plan of keeping safe our environment form pollution and economical hazards. The environmental impact of any industry is really a matter of concern. No industries or corporations are ready to think about their activities’ impact on the surrounding. There is just concentration on profit and more profit.


In reality there are good, bad and ugly of setting up industries mostly power, chemical, mining, electronic industries etc. The good is also there. They provide us our required things. It boosts economic development, creates job and technology develops certainly. Development is a vast tem. It has lot of impact over the human civilization. In construction project we see some machines like cement truck mixer to do the job easy. But what we cannot see or overlook the wastage thrown out form the project is a type of environmental hazard in most of the times. In power plant the flying ash disposal impacts lot in environment. A desired benefit can be driven using machines or pumps like concrete trailer pump, mixer pumps in construction or plant. But the disposal of the plants or industrial wastage is hazards. In mining filed the local area’s ecology is contaminated by toxin in this way.


There are some excellent parts of it where it helps the modern people to live in their desired way and can enjoy a lot of benefits from the technological growth and expansion. But the rapid progress is not equally benefiting the poor. It is the fact the economy is booming beside the inequality is increasing day by day in our society. And our environment is becoming unfavorable to all the living things gradually. Now we need to rethink is the profit making is really helpful of economic development in sustainable growth?