Thursday, 23 April 2015

How Libertarianism Could Save the Whales and the Rainforest



If you enjoyed Dances with Wolves or the sci-fi remake, Avatar (dances with blue people), you will believe that property rights are the evil ways of the white man.  But if you’ve researched the history of that time, you will find that it was, in fact, the practice of common ownership of land and animals that was most harmful.  The natives could practice harmful agricultural techniques on the land which affected more than just themselves and no one could rightly stop them.  And when the Europeans appeared and heard that no one actually owned the buffalo herds, they took as much as they could in far more effective ways than the natives were capable of, technologically speaking.

You see, when you have common ownership of something, like a pizza open in the middle of a table of a children’s party, there is greater incentive to grab all you can, while you can; there is almost no incentive to think about the future.  If you don’t take all you can, then someone else will.  So, compare the buffalo’s situation, a phenomenon which is economically referred to as ‘the tragedy of the commons’, with the introduction of private property rights and the plenitude of cows we continue to see today in North America.

What then of the cow of the sea, the whale?  To be able to properly seastead and to actually own and/or farm whales would result in far greater numbers of whales and greater living conditions for them.  We can say with absolute confidence that Libertarianism could save the whales.  

But, furthermore, private ownership of any piece of land creates an incentive to protect what you own.  For example, if you owned a piece of the rainforest, the economic incentive would be to replant trees and even have the plants and life their studied for potential medicinal or other productive means.  As things are, there is a tragedy of the commons situation with people clearing as many trees as they can, while they can.  So we can equally say with confidence that Libertarianism could save the Rainforest too.