- Capitalism and Alternatives -

Only Capitalism can Save the Earth

Posted by: nat-turner ( USA ) on December 21, 1997 at 20:58:08:

In Reply to: Can capitalism clean up the mess it created posted by LURKER on December 18, 1997 at 15:13:02:

The environmental problems we face are not the result of too much Capitalism. They are the result of too little Capitalism.

One of the fundamental rules of Capitalism is that people must pay for what they get. You're not supposed to take stuff from people without paying them the price they demand in return. But polluters take from everybody and pay nothing in return!

We need to assign property rights to the enviroment. This way people who wanted to pollute would have to buy the right to do so from the State. If all the rights sell out, tough luck, you can't open that factory.

The enviroment suffers because people take a communal attitude towards it. Because everybody is free to use it up, there is no incentive to take care of it.

People take care of things they own. Ensuring that "nobody" or "everybody" owns a thing is the best way to assure it's destruction.

- nat


Follow Ups:

The Debating Room Post a Followup