That's why they're called externalities. Laissez Faire capitalism cannot handle externalities.
Regulation and laws that run counter to pure capitalism are needed. I'm not talking about going 100% communist here, but anti-trust laws, cap-and-trade, taxes, and other such regulations can help factor the externality problem into an otherwise capitalist marketplace.
Regulation and laws that run counter to pure capitalism are needed. I'm not talking about going 100% communist here, but anti-trust laws, cap-and-trade, taxes, and other such regulations can help factor the externality problem into an otherwise capitalist marketplace.