Liberty, Markets and Environmental Values: A Hayekian Defence of Free Market Environmentalism
AbstractCommunitarian conceptions of the 'situated self' lie at the core of 'green' critiques of market approaches to environmental problems. According to this perspective resource management issues should be dealt with in the 'public sphere' of democratic politics rather than the 'private sphere' of market drien consumer choice. This paper suggests that such arguments rest on a series of non-sequiturs. Drawing on Hayek's non-rationalist liberalism it shows that a 'situated' view of the self offers a radical endorsement of the case for privatisating environmental assets, wherever it is possible to do so.
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Bibliographic InfoPaper provided by The Ratio Institute in its series Ratio Working Papers with number 50.
Length: 24 pages
Date of creation: 25 May 2004
Date of revision:
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Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden
Phone: 08-441 59 00
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free market environmentalism; property rights; deliberative democracy;
Find related papers by JEL classification:
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
- Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-05-26 (All new papers)
- NEP-CDM-2004-05-26 (Collective Decision-Making)
- NEP-ENV-2004-05-26 (Environmental Economics)
- NEP-EVO-2004-05-26 (Evolutionary Economics)
- NEP-HPE-2004-05-26 (History & Philosophy of Economics)
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- Fikret Adaman & Yahya M. Madra, 2012. "Understanding Neoliberalism as Economization: The Case of the Ecology," Working Papers 2012/04, Bogazici University, Department of Economics.
- Lenka Slavikova, 2013. "From Cost-Benefit to Institutional Analysis in The Economics of the Environment," Contemporary Economics, University of Finance and Management in Warsaw, vol. 7(2), June.
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