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You remind me when I figured out Libertarianism can't work (at least anywhere near as efficient as it should). Under Libertarianism, government must compensate
by coryrc 18y ago
You remind me when I figured out Libertarianism can't work (at least anywhere near as efficient as it should). Under Libertarianism, government must compensate for market failures/extranalities, example one being pollution.
So who decides what is pollution?
Once someone says CO2 is pollution, government now controls nearly all of your life.
(This isn't a failure of Libertarianism, it's a human failure -- greed.)
- Retric 18y agoI think the most reasonable solution is to replace pollution controwls with a tax that is send to every american. AKA CO2 costs 3$ per 1000lb. Every billion pounds you collect 3 million and every American get's their pollution check for 1c. This can still be corrupted but because the government is not spending the money it's more balanced. PS: IMO the secret is for markets to price the correct information not for some group to tell them what to do.
- gravitycop 18y agoWouldn't a pollution charge work better if it were assessed individually, instead of collectively?