Subject: Re: [LPNY DISCUSS] Free market environmentalism Date: Wed, 19 Nov 2003 23:47:54 -0500 To: From: Bob Armstrong On Wed, 19 Nov 2003 21:55:30 -0500, Gary Popkin wrote: >=A0But what G.E. did -- which is what all polluters do -- is use >=A0>political clout to escape the discipline of the free market= and force >=A0>the public to pay the costs of its production. " > >=A0How would the free market eliminate G.E.'s externalities,= except by >=A0government intervention or civil suit? =A0How did G.E. use= political clout to >=A0dump toxins into the river? I believe that no one around , either governmental or other , given the lack of any apparent toxicity thought very much about the discharges . And , of course , these jobs were their= livelihood . One thing you see repeatedly , from the Triangle Shirt Waist= fire to Enron's off balance sheet liabilities , is that when a problem= which no one , neither government nor market place , has previously= recognized comes into the general consciousness , the State extends its= tentacles even tho , once recognized , common sense and liability alone= would correct the problem . --=A0 =A0Bob Armstrong -- http://CoSy.com -- 212-285-1864 Computing Environment : =A0http://CoSy.com/CoSy/ A WTC vision : http://CoSy.com/CoSy/ConicAllConnect/ Liberty : http://CoSy.com/Liberty.htm Restore our Right to Relax : =A0http://ny.lp.org/cgi-bin/petition.cgi?Against_the_Smoking_Ban =A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A0=A02003/11/19 11:35:46 PM