Controversies Within Libertarianism - Philosophy - Natural Resources

Natural Resources

Most libertarians (such as free market environmentalists and Objectivists) believe environmental damage is more often than not a result of state ownership and mismanagement of natural resources, for example by the military-industrial complex, and claim that private ownership of all natural resources will result in a better environment, as a private owner of property will have more incentive to ensure the longer term value of the property. Others, such as geolibertarians and Georgists, believe that such resources (especially land) cannot be considered allodial property.

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Famous quotes containing the words resources and/or natural:

    Nor is any evidence to be found, either in History or Human Nature, that nations are to be bribed out of a spirit of encroachment and aggression, by humiliations which nourish their pride, or by concessions that extend their resources and power.
    James Madison (1751–1836)

    The image cannot be dispossessed of a primordial freshness, which idea can never claim. An idea is derivative and tamed. The image is in the natural or wild state, and it has to be discovered there, not put there, obeying its own law and none of ours. We think we can lay hold of image and take it captive, but the docile captive is not the real image but only the idea, which is the image with its character beaten out of it.
    John Crowe Ransom (1888–1974)