Global Environmental Commons and the Need for Ethics

Zsolt Boda
Additional contact information
Zsolt Boda: Business Ethics Center, BUESPA, H-1053 Budapest, Veres Pálné u. 36, Hungary

Society and Economy, 2003, vol. 25, issue 2, 213-224

Abstract: An important, although very controversial, development has to taken place in the past decade about how to manage the global environmental commons. According to this approach, the “tragedy of the global commons” should be avoided through the extensive use of market-based instruments, and the privatisation of the commons. This paper examines some aspects of this phenomenon and argues that an economic approach to the commons should be subordinated to a genuinely ethical one. In this approach the concept of the commons does not signify simply an area where the coordination mechanism of the market is somehow imperfect, but have an intrinsically normative content, too.

Keywords: climate and biodiversity; international agreements; concepts of the common good (search for similar items in EconPapers)
Date: 2003
References: Add references at CitEc
Citations:

Downloads: (external link)
http://akademiai.com/content/j122lj05m422l004/fulltext.pdf (application/pdf)
subscription

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aka:soceco:v:25:y:2003:i:2:p:213-224

Ordering information: This journal article can be ordered from
Akadémiai Kiadó Zrt., P. O. Box 245, H-1519 Budapest, Hungary
https://akjournals.com/

Access Statistics for this article

Society and Economy is currently edited by Szent-Iványi, Balázs

More articles in Society and Economy from Akadémiai Kiadó, Hungary
Bibliographic data for series maintained by Kriston, Orsolya ().