Bad actors should lose their charter to do business. Adjust prices to reflect costs. The market presently gives consumers bad information. For example, it tells us that flying across the country on a discount airline ticket is cheap when it really is not. It tells us that our food is inexpensive when its method of production destroys aquifers and soil, the viability of ecosystems, and workers' lives.
Market economies are excellent at setting prices but lousy at recognizing costs.
It is surprising that conservative economists do not support or understand these ideas because it is they who insist that we should pay as we go, have no debts, and take care of business. Let's do it, says Hawken. Throw out and replace the entire tax system. Turn resource companies into utilities. An energy utility is an interesting hybrid of public-private interests.