"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" Tragedy of the panicked enviro IV: not capitalism, but intensive use of unowned resources is the problem - TT's Lost in Tokyo

Tragedy of the panicked enviro IV: not capitalism, but intensive use of unowned resources is the problem

This is my third follow-up post to "Grist and the tragedy of the panicked enviro", where I try to clarify the institutional frameworks for understanding and addressing resource problems, in response to confusion in comments by others.

cyberfarer Posted 9:26 pm
27 Aug 2009

... [addressed to T Worstall]

In fact I do understand what Hardin was saying. Hardin sets up a hypothetcial situation and then sets about knocking it down. We call that a strawman argument.

But you didn't address my salient point. We live in an era of the ascendency of private property and yet we have witnessed an acceleration of the destruction of our natural heritage. Under the management and control of private interests, we can witness the remaining rain forests of south east Asia being raised for palm oil plantations. Under the control and and management of private interests we can witness boreal forests being decimated. In fact, over the past fifty years as control and managenment of resources to pass to private interests, we witness the acceleration of the their destruction.

The reality puts the lie to Hardin's strawman argument.

The issue of sustainability is not one of private or public ownership as The Church and its followers would prefer to frame it. The issue is the central role of profit above all else in our culture.

The free market economy generates wealth by converting a living planet to a dead planet; that is, by converting living ecosystems into commodities for trade and profit. To the free market and its economists, a forest which provides erosion control, flood control, climate and water conditioning, habitat, sustenance, and any number of other services not only to humans but all other species is only valuable in our free market system when it has been converted to lumber or pulverized for paper or some other use. That is the true tragedy of the commons. Not ownership, but the short-sighted stupidity of people and especially of those worship wealth without understanding its source.

 

TokyoTom Posted 2:29 am
29 Aug 2009

cyberfarer, I`m sorry, but this couldn`t be more wrong in its understanding of WHY messes happen (and they undeniably do); the result is that you (and Sacks) have no clue where to start in trying to solve problems:

The free market economy generates wealth by converting a living planet to a dead planet; that is, by converting living ecosystems into commodities for trade and profit.

The free market system is really simply people trading what they have to others for what they want, and it works quite well where resources are owned (either privately or by communities).  It can, however, be a powerful engine of destruction for resources that are not owned - such as for resources sourced where property rights are not protected or the government (elites) "own" too much.  Thus our continued political struggles over giveaways of public resources, the destruction of the Amazon/Indonesian forests (and Philippine under Marcos), and the collapse of fisheries that fishermen - often just guys trying to make a living - have no rights to actually protect the resource.

To the free market and its economists, a forest which provides erosion control, flood control, climate and water conditioning, habitat, sustenance, and any number of other services not only to humans but all other species is only valuable in our free market system when it has been converted to lumber or pulverized for paper or some other use. That is the true tragedy of the commons.

You are only right in part, as all of these things have obvious value, and people protect them privately or band together as groups to manage them wherever they desire and can (and are not prevented by the government). There is an awful lot of private and community conservation going on around the world.  The absolute worst cases are where the resources are owned by governments, with rights to exploit being leased to companies that have no property rights and thus no longer-term rights or obligations. 

Not ownership, but the short-sighted stupidity of people and especially of those worship wealth without understanding its source.

No, absolutely ownership; people and groups compete for resources, and can preserve valuable ones only when they can PROTECT them by excluding others (i.e., owning) them

You, like Sacks, think that the only way to solve problems is to radically change either capitalism (while ignoring worse destruction takes place outside of free market regimes) or human nature.  Sorry, but this is blind and stupid, and ignores the fact that local traction is available for most problems.

See the case of the Amazon, for example:

http://mises.org/Community/blogs/tokyotom/archive/2009/05/24/capitalism-the-destructive-exploitation-of-the-amazon-and-the-tragedy-of-the-government-owned-commons.aspx

I highly recommend you start studying (not simply free thinking), which will make your very legitimate concerns much more effective.  I mean, even the environmental groups are calling for better property rights/protection for fisheries, species, forests and water.  Are they stupid and evil too?

Published Sat, Aug 29 2009 6:03 AM by TokyoTom