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.