At the center of neoclassical economic theory is the result that a perfectly competitive market equilibrium is static efficient in the sense of being Pareto optimal. It also is efficient under the Compensations Principle. An allocation of resources is efficient under the Compensations Principle if there is no way to make anyone better off without making someone else worse off even allowing for transfer payments. An axiom of the core welfare theorem of neoclassical economics is that any final allocation or resources can be a competitive equilibrium so long as initial endowments are adjusted appropriately. Characterize efforts to find a middle ground between the two.
Environmentalists are elitists.
They tax the poor and middle class to preserve parks and animals for their own enjoyment. They care more about animals and plants than they do about people. Justify your answer.