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Environmental regulation: a value-theoretic and class-based analysis

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  • Andriana Vlachou

Abstract

Following a value-theoretic and class-based approach, it is argued in this paper that ecological problems are inseparably linked to the process of extracting surplus value in capitalism and, owing to their adverse impacts, instigate struggles over the appropriation of nature. These struggles fought within and outside the state by competing agents shape environmental regulation. In particular, taxes, permits, command-and-control measures, and subsidies affect prices, profits and rents and have class and other social implications. Evidence of current environmental regulation shows that it takes places under the great influence of capitalist concerns. Copyright 2005, Oxford University Press.

Suggested Citation

  • Andriana Vlachou, 2005. "Environmental regulation: a value-theoretic and class-based analysis," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 29(4), pages 577-599, July.
  • Handle: RePEc:oup:cambje:v:29:y:2005:i:4:p:577-599
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    File URL: http://hdl.handle.net/10.1093/cje/bei017
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    Cited by:

    1. Charalampos Konstantinidis, 2018. "Capitalism in Green Disguise: The Political Economy of Organic Farming in the European Union," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(4), pages 830-852, December.
    2. Singh, Pritam & Singh, Nadia, 2019. "Political economy of bioenergy transitions in developing countries: A case study of Punjab, India," World Development, Elsevier, vol. 124(C), pages 1-1.
    3. Timothy Swanson et al., 2012. "Cost-effective attainment of Environmental Compliance: Governance Solutions for Environmental Objectives in the Peoples Republic of China," CIES Research Paper series 13-2012, Centre for International Environmental Studies, The Graduate Institute.
    4. Hovardas, Tasos, 2016. "Two paradoxes with one stone: A critical reading of ecological modernization," Ecological Economics, Elsevier, vol. 130(C), pages 1-7.

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