207 online
 
Most Popular Choices
Share on Facebook 53 Printer Friendly Page More Sharing Summarizing
OpEdNews Op Eds    H2'ed 6/28/09

A new form of Capitalism: Geonomics

By       (Page 1 of 1 pages)   8 comments
Author 24983
Managing Editor

Scott Baker
Follow Me on Twitter     Message Scott Baker
Become a Fan
  (78 fans)
Let's make a deal with all the fossil fuel companies, CAFOs, mining
companies, and all other resource-intensive industries.  We'll untax
their profits IF they agree to pay true costs for resources (which,
rightfully, really belong to all of us; Exxon didn't make the oil in
the ground, did it?), as well as pollution, land use and whatever else
they don't actually produce, but merely take from nature. 
This
Geonomic idea would discourage the waste of resources, end land and
commodity speculation on the markets by taking away the "fuel" for it
in the form of taxes which would be returned to the community, free up
innovation by untaxing true productive operations, and vastly reduce
pollution by finally taxing these "externalities."  It would also end
most poverty and wealth inequity by ending monopoly rights on income
from non-manmade resources via a Single Tax on these, while rewarding
true innovation and productivity by untaxing wages and capital.  In Al
Gore's vernacular, "Tax what you burn, not what you earn."

Sign the petition: Click Here
Must Read 1   Supported 1   Valuable 1  
Rate It | View Ratings

Scott Baker Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Follow Me on Twitter     Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Obama Explains the FEMA Camps

Was Malaysian Flight MH370 Landed Safely in Afghanistan?

Let the Sun Shine on a State Bank in Florida

Batman, The Dark Knight Rises...and Occupy Wall Street Falls

The Least Productive People in the World

Detroit is Not Broke!

To View Comments or Join the Conversation:

Tell A Friend