this post was submitted on 20 May 2026
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They make profit because they shift costs onto us in the form of environmental destruction, health crises, dysfunctional politics, hostile city planning, etc.
The idea that the balance sheet of an oil company reflects all its costs is exactly what's wrong with the stock market. That balance sheet reflects the costs they pay while they are enabled and incentivized to shift as much cost as possible onto the rest of us.