Disaster- Prone Technologies, Environmental Risks, and Profit Maximization (Richard England, 1988)

Abstract

The adoption of modern industrial technologies has resulted in dramatic improvements in labor productivity during recent decades, but these methods of production also frequently require the processing, storage and transportation of explosive or toxic chemicals, radioisotopes and other hazardous materials. As tragic events in Brazil, Mexico and India have vividly illustrated, substantial risks of major industrial disasters accompany the adoption of these productivity- enhancing techniques.

Richard W. England, Kyklos Vol. 41, 1988, Fasc 3.379 395