6. Leave It to the Market

2021 ◽  
pp. 125-146
Author(s):  
John S. Dryzek
Keyword(s):  
Property Rights ◽  
Environmental Protection ◽  
Emissions Trading ◽  
Private Property ◽  
Carbon Tax ◽  
Resource Conservation ◽  
Private Property Rights ◽  
Green Taxes ◽  
Economic Reasoning ◽  
Pollution Rights

Economic rationalism involves the intelligent deployment of market instruments to achieve public ends such as environmental protection and resource conservation. The instruments in question can involve the establishment of private property rights in land, air, and water; “cap and trade” markets in pollution rights (emissions trading); tradeable quotes in resources such as fish; green taxes, such as a carbon tax; and the purchase of offsets to compensate for environmentally damaging behavior. These instruments have been adopted in many countries, though with some resistance from those who believe there is more to life than economic reasoning.

scholarly journals In the Mainstream: Environmental Attitudes of Mid-South Forest Owners

1997 ◽  
Vol 21 (1) ◽  
pp. 37-43 ◽  
Author(s):  
John C. Bliss ◽  
Sunil K. Nepal ◽  
Robert T. Brooks ◽  
Max D. Larsen
Keyword(s):  
Economic Development ◽  
Property Rights ◽  
Environmental Protection ◽  
General Public ◽  
Management Practices ◽  
Private Property ◽  
Private Property Rights ◽  
Forest Practices ◽  
Study Results ◽  
Nipf Owners

Abstract A 1992 telephone survey of households in seven mid-South states provided data for comparing the opinions of NIPF owners with those of the general public. Topics explored included traditional forest management practices, governmental regulation of tree cutting to protect environmental values, and trade-offs between environmental protection, private property rights, and economic development. In each of these areas the views of NIPF owners were found not to differ significantly from those of the general public. A widespread desire for environmental protection tempers views toward forest practices, forest-based economic development, and private property rights. The relationships between NIPF owners' demographic characteristics, ownership activities, and opinions were explored. Study results challenged common assumptions about NIPF owners, questioned the effectiveness of existing forestry education efforts, and argue for a stronger, more explicitly environmental orientation in all forestry activities. South. J. Appl. For. 21(1):37-43.

LAND PLOT AS AN OBJECT OF PRIVATE PROPERTY RIGHTS

2020 ◽  
Author(s):  
Vyacheslav Vovk
Keyword(s):  
Property Rights ◽  
Land Management ◽  
Land Reform ◽  
Essential Role ◽  
Private Property ◽  
Rich Country ◽  
Private Property Rights ◽  
Land Plot ◽  
Government Supervision

Russia is a resource-rich country, and great changes are being made today in order that land and its resources are used for the benefit of any citizen of our state. Under the circumstances government supervision (control) over the optimal use of territories gets the essential role. The rights that are contained in land reform give owners, landowners, land users, and employers extensive powers concerning independent land management.

Konsep Distribusi Pendapatan Dalam Islam

2016 ◽  
Vol 1 (1) ◽  
pp. 85-97
Author(s):  
Moh. Ah. Subhan ZA
Keyword(s):  
Property Rights ◽  
Social Life ◽  
Private Property ◽  
Wealth Distribution ◽  
The State ◽  
Private Property Rights ◽  
Job Opportunities ◽  
The Rich ◽  
The Difference ◽  
Distribution Of Income

The main problem of social life in the community is about how to make the allocation and distribution of income well. Inequality and poverty basically arise not because of the difference of anyone’s strength and weakness in getting livelihood, but because of inappropriate distribution mechanism. With the result that wealth treasure just turns on the rich wealthy, which is in turn, results in the rich get richer and the poor get poorer.Therefore, a discussion on distribution becomes main focus of theory of Islamic economics. Moreover, the discussion of the distribution is not only related to economic issues, but also social and political aspects. On the other side, the economic vision of Islam gives priority to the guarantee of the fulfillment of a better life. Islam emphasizes distributive justice and encloses, in its system, a program for the redistribution of wealth and prosperity, so that each individual is guaranteed with a respectable and friendly standard of living. Islam recognizes private property rights, but the private property rights must be properly distributed. The personal property is used for self and family livelihood, for investment of the working capital, so that it can provide job opportunities for others, for help of the others through zakat, infaq, and shodaqoh. In this way, the wealth not only rotates on the rich, bringing on gap in social life.The problem of wealth distribution is closely related to the welfare of society. Therefore, the state has a duty to regulate the distribution of income in order that the distribution can be fair and reaches appropriate target. The state could at least attempt it by optimizing the role of BAZ (Badan Amil Zakat) and LAZ (Lembaga Amil Zakat) which has all this time been slack. If BAZ and LAZ can be optimized, author believes that inequality and poverty over time will vanish. This is because the majority of Indonesia's population is Muslim.

Libertarianisms

2018 ◽  
Author(s):  
Daniel Halliday
Keyword(s):  
Property Rights ◽  
Private Property ◽  
Private Property Rights ◽  
Classical Liberal ◽  
Inherited Wealth ◽  
Left And Right ◽  
The Common

This chapter considers various arguments both for and against taxing inherited wealth, each of these being associated with some or other type of libertarian outlook. Libertarianism in the Lockean guises (‘left’ and ‘right’ varieties) is distinguished from its classical liberal alternative, which downplays the Lockean emphasis on private property rights in favour of a more defeasible case for small government and low taxation. These different perspectives generate a variety of quite different arguments about inheritance, some more persuasive than others. Some attention is paid to the common claim that inheritance taxes ‘punish’ virtue and generosity. It is then argued that a Rignano scheme may be particularly attractive in light of certain left-libertarian commitments and as a way of accommodating a classical liberal concern about perpetual savings.

Incommensurable preferences in contingent valuation: the case of Natura 2000 Network in Finland

2000 ◽  
Vol 27 (3) ◽  
pp. 260-268 ◽  
Author(s):  
M. REKOLA ◽  
E. POUTA ◽  
J. KUULUVAINEN ◽  
O. TAHVONEN ◽  
C.-Z. LI
Keyword(s):  
Property Rights ◽  
Contingent Valuation ◽  
Environmental Ethics ◽  
Private Property ◽  
Policy Decision ◽  
Natura 2000 ◽  
Private Property Rights ◽  
Lexicographic Preferences ◽  
Preference Construction ◽  
Policy Decision Making

In the literature of contingent valuation, a rights-based system of environmental ethics claiming that natural objects have absolute rights, has frequently been regarded as the main reason for incommensurability, i.e. for citizens’ inability to find a common measure according to which all values could be ranked. In a study of 2400 Finns aged between 18 and 70, we tested whether a respondent's commitment to guaranteeing private property rights could be a reason for incommensurability beyond the respondent's possible commitment to absolute nature rights. It was found that incommensurability, modelled with lexicographic preferences, was attributable more often to private property rights than to nature rights. However, Finnish respondents who had lexicographic preferences for nature rights based their choice more often on an ethical judgement, whereas lexicographic preferences for property rights could rather be explained with an ambivalent preference construction. Lexicographic preferences for nature rights increased the willingness to pay for conservation, while lexicographic preferences for property rights decreased it. The result, which was predicted by the theory, supported the validity of incommensurability measurement. The study therefore indicates that several reasons for incommensurable preferences may exist and that it is possible to measure these reasons in contingent valuation surveys in order to judge the validity of the welfare measures in environmental policy decision-making.

scholarly journals Towards sustainable property? Exploring the entanglement of ownership and sustainability

2021 ◽  
pp. 053901842110114
Author(s):  
Philipp Degens
Keyword(s):  
Political Theory ◽  
Emissions Trading ◽  
Private Property ◽  
German Law ◽  
Conceptual Level ◽  
Private Property Rights ◽  
Carbon Emissions Trading ◽  
The Social ◽  
Bundle Of Rights ◽  
Do So

This article explores the relation between ownership and sustainability on a conceptual level. It specifically examines different imaginaries of sustainable property by asking how private property rights and their restrictions are conceptualized as instruments for sustainability. To do so, conflicting notions of property that underlie Western jurisprudence and political theory are contrasted. This brings us to the identification of two major traditions in property thought that build on atomist or relational conceptions of society and property, respectively. Property might be conceived as an owner’s exclusive control over an object, or as a ‘bundle of rights’ that comprises entitlements, restrictions, and obligations to various actors. Largely within the paradigm of modernization as a trajectory of sustainability, these two fundamental traditions in property theory relate to different approaches to encode sustainability into property law: i) propertization, i.e. the extension of private property forms, as in the case of carbon emissions trading schemes; ii) the acknowledgment of social and environmental obligations inherent to property, illustrated by the social obligation norm in German law.

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