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Date: 2025-08-21 Page is: DBtxt003.php txt00016883

Plastic Pollution
Paying for Environmental Cleanup

Linkedin Comment Dialog between PeterB and Ashish Chakravarty

Burgess COMMENTARY

Peter Burgess
World Economic Forum World Economic Forum 1,695,792 followers View full profile World Economic Forum World Economic Forum 1,695,792 followers 4d Paradise lost. 🔎 Learn more about beach pollution: https://wef.ch/2y01KBn #nature #environment Pause Back to start of video Current time 0:15 / Duration 1:20 Turn fullscreen on 1,647 124 Comments Reactions Eliane Ubalijoro John Belluomini Ashish Chakravarty Ralf Kelle Nelson Hoppe ஃ Georgina Bencsik AMP LION™ess Lady Phrantceena T. Halres Alyze Sam … Like Comment Share Top Comments Peter Burgess Add a comment… Images 3d Peter BurgessStatus is online Peter Burgess You Founder/CEO at TrueValueMetrics.org developing True Value Impact Accounting Companies that have been producing and using plastic to earn profits should now be required to pay for the clean-up of the environment. This would be fair ... though it would likely bankrupt them. But there is something morally wrong with corporate organizations and their investors to profit when everyone else has to bear the cost of clean-up ... or worse the costs of not cleaning up. People involved with the WEF should take some responsibility for coming up with some solutions to this problem! Like Peter Burgess’ comment · 3 Likes 3 Likes on Peter Burgess’ comment · 7 Replies 7 Replies on Peter Burgess’ comment 12h Ashish Chakravarty Ashish Chakravarty 1st degree connection1st A small marketing contribution towards my people and nature along with job searching. Peter I partially agree with your logic to impose taxes on such companies. However, they should be asked to replace plastic products with other less or least harmful solutions. At the same time, people must be forced to change their buying attitude. We cannot completely eradicate plastic for a while, however, can change the usage pattern through stern rules and regulations processes from the zenith. It will surely fruitful but a time taking process. Those companies cannot be blamed completely for this havoc like situation. Also developed nations must start behaving properly specially Europeans and must change their materialistic mindsets to do good to the earth and human beings. In most of the cases, the invention and diversion of such drastic ideas have a direct root from the European soils only. Like Ashish Chakravarty’s comment · 1 Like 1 Like on Ashish Chakravarty’s comment 3h Peter BurgessStatus is online Peter Burgess You Founder/CEO at TrueValueMetrics.org developing True Value Impact Accounting Ashish ... Thanks for your comment. I don't think of my suggestion so much as a 'tax' being imposed by government but more as a component part of a new socio-enviro-economic system where responsible parties are held accountable for their behavior and are able to profit from their revenues but must also have to pay for all the costs associated with these revenues ... including the associated plastic waste! As it stands modern financialization of the system rewards profit performance without penalizing any of the associated obnoxious behaviors! This is dangerously unsustainable! Like Peter Burgess’ comment · 1 Like 1 Like on Peter Burgess’ comment 3h Ashish Chakravarty Ashish Chakravarty 1st degree connection1st A small marketing contribution towards my people and nature along with job searching. Peter Burgess Agree Peter. The thing is you are demanding for tough penalties on all such companies and individuals. The thing is what past governments did for it when they allowed them to do business in their respective soils. Simultaneously, those companies generated jobs for millions with the concept, products or solutions. So they did atleast some good to the society. However, on this one point to put heavy penalties on such businesses to discourage nature's devastation at this growing rate. I consider Europeans also as human beings only, however, they always think and behave like they are superior to others due to which they start trends and spread that in other parts of the world backed by their respective governments and healthy monetary funding which they looted from others. If they along with other developed nations change such attitude for living life lavishly and become a bit less materialistic, I hope much of our problems shall have a definite answer in upcoming future. Till then we can only pray. Because tougher regulations shall be made only to break those rules later in the name of spreading business and gathering endless money and claim over natural resources. Like Ashish Chakravarty’s comment · 1 Like 1 Like on Ashish Chakravarty’s comment 2h Peter BurgessStatus is online Peter Burgess You Founder/CEO at TrueValueMetrics.org developing True Value Impact Accounting Ashish ... I am working to think through how to implement what might be called 'radical accountability'. During my adult lifetime there has been massive financialization of the global socio-enviro-economic system. A huge amount of financial wealth has been created, but at the expense of both society (social capital) and the environment (natural capital). Most owners of modern financial wealth have had benefit from this financialization, as well as being allowed to ignore negative impact on social and natural capital. This has to change ... but also there should be some accounting for several decades of ignoring externalities. I believe the fist step is to figure out how best to measure these issues in an easy and reasonably sensible way. Like Peter Burgess’ comment · 1 Like 1 Like on Peter Burgess’ comment 1h Ashish Chakravarty Ashish Chakravarty 1st degree connection1st A small marketing contribution towards my people and nature along with job searching. Peter I think this is a very sensitive matter to be discussed among all section of the societies. We have to meet the current requirement of the present generation today while not compromising the ability of our upcoming generations to meet their own needs along with the balance with our environment. We can still come over such issues but it is a time taking process. Generally what happens that financially capable section of the society set their businesses while keeping the mass market in mind whereas they themselves wouldn't like to use the cheap quality products for themselves. Since such products are the need of the society and get absorbed so easily and so fast within the lower section of the society just because they find it feasible enough to sustain the present financial challenges of their owns, therefore have no choice but to stick to such cheap products. And as per Michael Porter's Five Forces Model, an entirely a new market gets ready for the consumption of the those products immediately. Nobody think about the consequences until it presents the life threatening situations before the societies. Like Ashish Chakravarty’s comment · 1 Like 1 Like on Ashish Chakravarty’s comment 1h Ashish Chakravarty Ashish Chakravarty 1st degree connection1st A small marketing contribution towards my people and nature along with job searching. We need to be involved in the in-depth research of the social behavior, machinery and consumption patterns along with the economies of scale of such products production versus sustainable options of those products. Only then we can have an idea to set the boundaries and rapo and reverse rapo-rate along with other possible risk mitigation plans. Until then, we are helpless to stop such behaviors. Radical accountability should be practiced only for those who have exploited beyond the proper limit and are affluent ones. And to limit them, a combined efforts of all section of society is necessary to lobbying against all such unethical practices hampering our future generations needs and presenting a grave danger for their survival. Individual responsibility should be set and maintained by the law in this regard with heavy penalties for sure. But this shall give birth to other unethical practices in the system. To make a transparent society with a balanced socio-enviro-economic state, we should run the social schemes to warn and control such industries and people followed with penalties. Like Ashish Chakravarty’s comment · 1 Like 1 Like on Ashish Chakravarty’s comment 1h Ashish Chakravarty Ashish Chakravarty 1st degree connection1st A small marketing contribution towards my people and nature along with job searching. However, we should rest assured that the deprived section of the society along with middle men should not be exploited too much or it shall break the very back bone of the social infrastructure along with the economy. Or else the next elections shall be starting contested on the matter of how to get rid of current governments. I think some stern actions should be taken but not on the cost of social unrest like happening in Greece, Sudan, Yemen and many more countries in this regard. Unemployment is another big factor needs to be considered while planning to get into radical accountability like decisions.
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