They knew what would happen when they sold it so who’s fault is this really? Blaming developers for developing valuable land is ridiculous.A few years ago the city where I live decided to create a new district.
The market put things where they are needed most. There was clearly demand for commercially applicable buildings in that particular area. The world is a geographically diverse place. This area needed stuff for humans more than it needed trees.
If NYC sold central park the same thing would happen.
This does not mean capitalism doesn't consider the desires of the people, it did. Did it consider the desires of the trees? No it didn't and won't. Trees aren't paying customers.
The point is, when people value trees more than people value buildings, and they will at some point, capitalism will consider leaving forests in inconvenient places. For now, we aren't there.
Why do I know this?
The market has, at the same time that has happened, has also left billions of acres untouched elsewhere. Why? Because the market isn't demanding something different in those areas.
This argument amounts to “who is going to stop businesses from cutting down trees they own if it isn't the government?”
Stopping people from cutting down trees that they own is bullshit.
If you wanted to save the trees you should have bought them yourself. Unless you think you couldn't resist “extracting something” from the land for “maximum profits.”
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