environment

Protecting the Environment with Private Property and Freedom

You don’t have to look far to find a political pundit critical of “unregulated capitalism being unsustainable and destructive to the environment”. While this claim appears rational, it presents a straw man argument by assuming unregulated capitalism has existed in the U.S. and that it causes environmental damage. Of course, this is usually followed up by hysterically demanding the government enact strict environmental “protection” laws. The government loves to throw that word “protection” around because it makes the masses feel warm and fuzzy. However, to the skeptic, it sounds like a flimsy excuse to make power grabs. In my opinion, the best way to protect the environment is through strong property rights and economic freedom. I want to clarify that the U.S. has never had free market capitalism, nor are individual property rights respected in the manner they should be.

(more…)

Advertisements