British Petroleum disaster, typical capitalism
A month after the initial explosion on a British Petroleum oil rig, millions of barrels of oil continue to spill into the Gulf of Mexico. Both the Obama Administration and British Petroleum have dropped the ball on finding a solution to the problem, which has spiraled out of control. The spill is now being described as the worst environmental disaster in United States’ history. It is estimated that the disaster has cost the company $360 million so far. However, the real cost is to the human and environmental one.