State Intervention Quotes

Quotes tagged as "state-intervention" Showing 1-1 of 1
“If there is much to be said for the virtues of the free market, for its role in encouraging hard work, innovation, and economic growth--and argument that seems nearly beyond dispute at this point--then it must also be acknowledged as equally indisputable that organizing an economic system around self-interest and competition tends to produce a multitude of so-called neighborhood effects. No one has yet to solve the conundrum of the ecological costs associated with economic growth without conceiving of some role of state intervention. Thus far, the notion that unrestrained capitalism can make the United States fabulously wealthy and save the planet too remains little more than a pipe dream.”
Ted Steinberg, Down to Earth: Nature's Role in American History