Markets, deliberation and environment / John O'Neill.

Format:

Book

Author/Creator:

O'Neill, John, 1956-

Series:

Economics as social theory

Language:

English

Subjects (All):

Environmental policy--Economic aspects.

Environmental policy.

Environmental policy--Social aspects.

Public goods--Valuation.

Public goods.

Contingent valuation.

Environmental ethics.

Physical Description:

xiv, 238 pages ; 24 cm.

Place of Publication:

London ; New York : Routledge, 2007.

Summary:

What is the source of our environmental problems? Why is there in modern societies a persistent tendency to environmental damage? From within neoclassical economic theory there is a straightforward answer to those questions: it is because environmental goods and harms are unpriced. They come free. This position runs up against a view which runs in entirely the opposite direction, that our environmental problems have their source not in a failure to apply market norms rigorously enough, but in the very spread of these market mechanisms and norms. The source of environmental problems lies in part in the spread of markets both in real geographical terms across the globe and through the introduction of markets mechanisms and norms into spheres of life that previously have been protected from markets. In this book, John O--Neill conducts a thorough examination of these two opposing viewpoints covering a discussion of the ethical boundaries of markets, the role of private property rights in environmental protection, the nature of sustainability and the valuation of goods over time. This book is essential reading for undergraduate and postgraduate students studying courses in ecological and environmental economics.

Contents:

Introduction: globalisation and environment 1

Part I Environmental goods and the limits of the market 19

1 Markets and the environment: the solution is the problem 21

1.1 The solution is the problem 21

1.2 The limits of monetary valuation 23

1.3 Constitutive incommensurabilities 24

1.4 Property rights and equity 26

1.5 Reason blindness 28

1.6 Two models of democracy 30

1.7 The limits of compensation 32

2 Managing without prices: on the monetary valuation of biodiversity 36

2.1 Managing without prices 36

2.2 Maximising well-being 37

2.3 Trading-off values 40

2.4 Pragmatic justifications 43

3 Property, care and environment 47

3.1 Property rights and the environment 47

3.2 Care, property and community 48

3.3 Normative public goods 51

3.4 Property, community and care over time 52

3.5 In defence of neglect or the meanings of care 55

4 Public choice, institutional economics, environmental goods 61

4.1 The challenge of public choice theory 61

4.2 What is dead and what is living in critiques of orthodox environmental economics? 64

4.3 Institutional economics: the old and the new 66

4.4 Institutional economics and environmental goods: an agenda 74

Part II Time, community, equality 77

5 Time, narrative and environmental politics 79

5.1 Time, narrative and separability 79

5.2 The self and its future 80

5.3 Between past and future generations: community, environment and public decisions 85

5.4 A brief social history of time 89

6 Sustainability: ethics, politics and the environment 92

6.1 Sustainability, justice and equality 93

6.2 Intergenerational justice and sustainability 95

6.3 Sustainability: weak and strong 100

6.4 Nature without capital 105

6.5 Environmental justice within generations 109

Part III Bringing environmentalism in from the wilderness 113

7 Wilderness, cultivation and appropriation 115

7.1 Wilderness and its critics 115

7.2 All the world was America 117

7.3 What's left of the wilderness? 124

8 The good life below the snowline 128

8.1 Authoritarian environmentalism? 128

8.2 Liberal environmentalism? 131

8.3 Plural goods and social union 139

8.4 Narrative 142

8.5 The good life above and below the snowline 143

Part IV Deliberation and its discontents 145

9 Deliberation, power and voice 147

10 The rhetoric of deliberation 154

10.1 Reason, rhetoric and deliberation 154

10.2 Reason, authority and credibility 159

10.3 Autonomy, maturity and emotion 163

11 Representing people, representing nature, representing the world 167

11.1 Representation and the environment 167

11.2 The Alejandro solution 168

11.3 Representation: social scientific or political 170

11.4 Political theory and the problem of representation 172

11.5 Deliberative democracy and the sources of legitimacy 174

11.6 Giving voice to the voiceless: nature and future generations 177

11.7 Speaking for nature? 181

12 The political economy of deliberation 185

12.1 Deliberative democracy and political economy 185

12.2 Hayek, epistemology and ecology 188

12.3 Pluralism, markets and the present of the future 193.

Notes:

Includes bibliographical references (pages [213]-229) and indexes.

ISBN:

0415397111

9780415397117

041539712X

9780415397124

OCLC:

68192513

Online:

Publisher description