The World of Water, or Testing Neoliberalism: Is Water a Common Good or Private Property?
The backbone of neoliberalisation is privatisation of common goods from the perspective of market naturalisation and creation of a specific resource regime. It is of important to emphasis that neoliberalism coexists with other societal projects and we are witnessing simultaneity amongst different projects. The naturalisation of market structures and identification of market with competition produce intensified risk-related consequences for the society; actually, neoliberalism exposes the society to environ-mental risks with a number of concrete examples. The author analyses the importance of water resources from the economic perspective, especially with regard to the neoliberal perspectives on water resources. The modalities of market-based usage of water are pre-sented, constituting the property-rights regime. It is argued that an unconditional, socially irresponsible privatization does not take into account community-related management of common pools and dogmatically acknowledges only state and private forms of property. Such a critical view is supported with considerations that a) the ongoing form of economic globalisation does not maintain the development of the green market, b) water is a common good embedded in cultural and political relationships and filled with symbolic meanings. The impasse concerning the status of water takes place in the con-text where the Washington-consensus proved to be defective. At the same there is no other coherently formulated corpus of ideas to substitute the neoliberal canon. Water as a common good needs normative engagement and ecological economy has a task to participate in determination of sustainable levels of costs and prices of water resources.
When requesting a correction, please mention this item's handle: RePEc:voj:journl:v:53:y:2006:i:2:p:161-178. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ivana Horvat)The email address of this maintainer does not seem to be valid anymore. Please ask Ivana Horvat to update the entry or send us the correct address
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.