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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    The open frontier, the hardships of homesteading from scratch, the wealth of natural resources, the whole vast challenge of a continent waiting to be exploited, combined to produce a prevailing materialism and an American drive bent as much, if not more, on money, property, and power than was true of the Old World from which we had fled.
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