Eco-Economy5

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Written by Lester Brown

Today's fiscal systems, a combination of subsidies and taxes, reflect the goals of another era--a time when it was in the interest of countries to exploit their natural resources as rapidly and competitively as possible.  That age has ended.  Now natural capital is the scarce resource.  The goal is to restructure the fiscal system so that the prices reflect the truth. protecting the economy's natural supports.

Lester Brown, Eco-Economics, p.234.

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