Liberty, Markets and Environmental Values: A Hayekian Defence of Free Market Environmentalism

Mark Pennington

No 50, Ratio Working Papers from The Ratio Institute

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 (search for similar items in EconPapers)
JEL-codes: A13 B53 Q01 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2004-05-25
New Economics Papers: this item is included in nep-cdm, nep-env, nep-evo and nep-hpe
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Citations: View citations in EconPapers (6)

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