Water Capitalism (Paperback)

Walter E. Block

ISBN 10: 1498518826 / ISBN 13: 9781498518826

Editore: Bloomsbury Publishing Plc, Lanham, MD, 2016

Riguardo questo articolo

Paperback. Water covers some 75% of the earths surface, while land covers 25%, approximately. Yet the former accounts for less than 1% of world GDP, the latter 99% plus. Part of the reason for this imbalance is that there are more people located on land than water. But a more important explanation is that while land is privately owned, water is unowned (with the exception of a few small lakes and ponds), or governmentally owned (rivers, large lakes). This gives rise to the tragedy of the commons: when something is unowned, people have less of an incentive to care for it, preserve it, and protect it, than when they own it. As a result we have oil spills, depletion of fish stocks, threatened extinction of some species (e.g. whales), shark attacks, polluted and dried-up rivers, misallocated water, unsafe boating, piracy, and other indices of economic disarray which, if they had occurred on the land, would have been more easily identified as the result of the tragedy of the commons and/or government ownership and mismanagement. The purpose of this book is to make the case for privatization of all bodies of water, without exception. In the tragic example of the Soviet Union, the 97% of the land owned by the state accounted for 75% of the crops. On the 3% of the land privately owned, 25% of the crops were grown. The obvious mandate requires that we privatize the land, and prosper. The present volume applies this lesson, in detail, to bodies of water. Water Capitalism proposes the privatization of all bodies of water, because those who own resources husband their assets far more carefully than do bureaucrats who have no real stake in the environment. The idea that an all-powerful state should, or could, care for the physical liquid environs of the world is shown to be incorrect and immoral. This item is printed on demand. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

Codice articolo 9781498518826

Dati bibliografici

• Titolo: Water Capitalism (Paperback)
• Editore: Bloomsbury Publishing Plc, Lanham, MD
• Data di pubblicazione: 2016
• Lingua: Inglese
• ISBN 10: 1498518826
• ISBN 13: 9781498518826
• Rilegatura: Paperback
• Condizione: new

Descrizione articolo

Riassunto

Water covers some 75% of the earth's surface, while land covers 25%, approximately. Yet the former accounts for less than 1% of world GDP, the latter 99% plus. Part of the reason for this imbalance is that there are more people located on land than water. But a more important explanation is that while land is privately owned, water is unowned (with the exception of a few small lakes and ponds), or governmentally owned (rivers, large lakes). This gives rise to the tragedy of the commons: when something is unowned, people have less of an incentive to care for it, preserve it, and protect it, than when they own it. As a result we have oil spills, depletion of fish stocks, threatened extinction of some species (e.g. whales), shark attacks, polluted and dried-up rivers, misallocated water, unsafe boating, piracy, and other indices of economic disarray which, if they had occurred on the land, would have been more easily identified as the result of the tragedy of the commons and/or government ownership and mismanagement. The purpose of this book is to make the case for privatization of all bodies of water, without exception. In the tragic example of the Soviet Union, the 97% of the land owned by the state accounted for 75% of the crops. On the 3% of the land privately owned, 25% of the crops were grown. The obvious mandate requires that we privatize the land, and prosper. The present volume applies this lesson, in detail, to bodies of water.

Informazioni sugli autori

Walter E. Block is Harold E. Wirth Eminent Scholar endowed chair and professor of economics in the College of Business at Loyola University New Orleans.

Peter Lothian Nelson is former president of PLN Engineering and a professional engineer.