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to worsen the challenges Americans are facing including climate change. As capitalism
intensifies, there will be the emission of more carbon dioxide into the atmosphere, thus, further
escalating changes in the weather patterns. The burning of fossil fuels, non-renewable energy
sources, and other production processes are at the heart of rapid changes in the climate. The
poor lower class are exploited in a bid to create more wealth (Naomi,123). Therefore, it is
imperative to note that inequality and poverty have continued to be the main contributors to the
current phenomenon as far as climate change is concerned.
Renting seeking behavior is one of the biggest threat to economic growth, attainment of
freedom and fair competition in the society. “...we have a political system that gives inordinate
power to those at the top, and they have used that power not only to limit the extent of
redistribution but also to shape the rules of the game in their favor…” Businesspeople and
influential people in the different administration have continued to conspire in formulating and
implementing laws that advance their interest at the expense of economic benefit for all
Americans. Rent seeking efforts leads to the reduced creation of wealth in the economy through
the transfer of incomes (Naomi, 123). The interplay between economic factors in the business
environment has significantly worsened the global of the issue of climate change. Globalization
has also been at center stage in the ever-deteriorating climatic conditions. Different countries
conspire in promoting their respective economic interest at the greater expense of environmental
conservation. For instance, most of the business companies have moved their operation bases in
China to tap into a cheap source of labor and other benefits. The long-term impacts include
mushrooming of factories emitting pollutant gases into space. In the US, for instance, the impact
of lobby groups and other key stakeholders in the business community have continued to mount
pressure on the political class with the hope of manipulating trade and production policies. In