The Environment: A reoccurring argument against capitalism centers on its environmental harms. To conclude capitalism is bad for the environment requires one to ignore the environmental impact of every other from of social organization in history. The USSR had a terrible environmental record despite its failed collectivist approach to social organization. Likewise, some of the largest Oil companies in the world are owned and ran by socialist governments. In the case of America oil, it’s not state owned but often taxed for social benefit as well. A market takes two to tango, nobody sales oil that no one wants to buy. It’s odd how one could condemn one half of the equation but not the others. The oil companies are just as guilty as the consumers who buy it. Human activity causes environmental damage, not the -ism you were brainwashed to hate.