Eco-socialism disagrees with the elite theories of capitalism , which tend to label a specific class or social group as conspirators who construct a system that satisfies their greed and personal desires . Instead , eco-socialists suggest that the very system itself is self-perpetuating , fuelled by " extra-human " or " impersonal " forces . Kovel uses the Bhopal industrial disaster as an example . Many anti-corporate observers would blame the avarice of those at the top of many multi-national corporations , such as the Union Carbide Corporation in Bhopal , for seemingly isolated industrial accidents . Conversely , Kovel suggests that Union Carbide were experiencing a decrease in sales that led to falling profits , which , due to stock market conditions , translated into a drop in share values . The depreciation of share value made many shareholders sell their stock , weakening the company and leading to cost-cutting measures that eroded the safety procedures and mechanisms at the Bhopal site . Though this did not , in Kovel 's mind , make the Bhopal disaster inevitable , he believes that it illustrates the effect market forces can have on increasing the likelihood of ecological and social problems
Union Carbide
Bhopal disaster
Eco-socialism