Free Market Ecology
“Economics” is based on the assumption that people act in ways that maximize their wealth as individuals. It holds true for many situations. All else being equal, we’ll buy products at the best price we can get them and take the highest wage we can find. The assumption is that we act out of selfishness—and economics is just its rational application. Under the laws of economics, we wouldn’t pay for the same book twice.
An ecology, on the other hand, though wildly competitive and occasionally just as cruel as any economy, is based on interdependency. The members of a coral reef or slime mold know how to take coordinated action when it’s called for. The shit of one organism is fertilizer for another. An ecology still operates under the assumption of maximizing wealth, but of the whole collective organism —and over time.
-- Douglas Rushkoff on the Light at the End of the Reality Tunnel
I had a similar discussion with a friend today over lunch. We were talking about how levvies can be used to create environmental/social outcomes via the market apparatus itself. e.g. the EU car emission legislation will create a market - a very competitive market - in low emmission cars which can be used to "offset" the carbon emissions of sports cars. Or how a HealthCare Tax on Big Tobacco could be used to recoup health costs but also make them pay for the true cost of their product, which is currently being picked up by the welfare state.
Pure conjecture - I wonder if you could reduce income tax considerably and and increase rely various "social taxes" to generate income for the state?


