The so-called free market does not provide consumers with proper information, because the social and environmental costs of production are not part of the current economic models. ...an ecological tax reform would be strictly revenue neutral, shifting the tax burden from income taxes to "eco-taxes." ...the taxes would be added to existing products, forms of energy, services, and materials, so that prices would better reflect true costs.
Fritjof CapraRelated topics
burden free market production proper tax costsRelated quotes
The economic basis for the complete withering away of the state is such a high stage of development of communism at which the antithesis between mental and physical labour disappears, at which there consequently disappears one of the principal sources of modern social quality - a source, moreover, which cannot on any account be removed immediately by the mere conversion of the means of production into public property, by the mere expropriation of the capitalists.
Vladimir Lenin
As you may have heard in my last campaign, I am called by many names. "Protectionist” is one of the nicer ones; but it is inexact. I am an economic nationalist. To me, the country comes before the economy; and the economy exists for the people. I believe in free markets, but I do not worship them. In the proper hierarchy of things, it is the market that must be harnessed to work for man – and not the other way around.
Pat Buchanan
As to the Income Tax, my opinion is that the needful revenue would be fairly and most fairly raised if paid by property, and by individuals in proportion to their property...A Property Tax should be an assessment upon all land and buildings, and canals and railroads, but not on property such as machinery, stock in trade, etc. The aristocracy have squeezed all they can out of the mass of the consumers, and now they lay their daring hands on those not wholly impoverished.
John Bright
Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naïve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.
Pope Francis
Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior...
Peter Drucker