CAN MARKET ECONOMY BE ECOLOGY-FRIENDLY ? THE CASE OF WASTE RECYCLING IN THE NINETEENTH CENTURY

Erwan Queinnec and Pierre Desrochers
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Pierre Desrochers: Geography Department, University of Toronto - University of Toronto

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Abstract: Sustainable development theorists frequently stress various ways by which market economies could be reformed in order to preserve the natural environment. Regulatory interventionism or ethical activism are frequently stressed a normative way in order to fulfil such an institutional task. European industrial history, however, suggests that the creation of valuable by-products from polluting industrial waste and emissions was "business as usual", resting on economic behaviors brought about a free market economy. This case suggests that market incentives might have been more compatible with "environmental responsibility" than is usually believed.

Keywords: sustainable development; waste recycling; market economy (search for similar items in EconPapers)
Date: 2012-03-08
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Published in International Workshop on the Role of Business in Society and the Pursuit of the Common Good, ESSEC Business School, Mar 2012, Cergy-Pontoise, France

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