Ratio Working Papers
No 50:
Liberty, Markets and Environmental Values: A Hayekian Defence of Free Market Environmentalism
Mark Pennington ()
Abstract: Communitarian 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.
Keywords: free market environmentalism; property rights; deliberative democracy; (follow links to similar papers)
JEL-Codes: A13; B53; Q01; (follow links to similar papers)
24 pages, May 25, 2004
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