Nemont
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You should enjoy this story. Maybe you have it right in you own private Idaho.
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Nemont
You should enjoy this story. Maybe you have it right in you own private Idaho.
.Private Investment Protects Environment Where Government Fails
Thursday, April 08, 2004
By Radley Balko
The Institute for Humane Studies, an essential educational foundation in Arlington, Va., just launched a new Web site entitled A Better Earth. The site aims to educate college students, graduate students and others on alternative methods of environmental preservation — methods less hostile to free markets and free enterprise.
The new Web site is important, because the environment seems to be the one area where even avowed free marketeers can't quite bring themselves to trust private enterprise over government intervention.
Profit-seekers and corporations are too greedy and self-interested, the thinking goes, to give much thought to preserving wildlife, forests and wilderness.
But is that really so? Are governments really better at preserving the environment than private enterprise?
The biggest polluters on the planet are governments, not corporations. The U.S. government immunizes itself from most all of the environmental laws it demands of private corporations. And it is by far the bigger polluter.
Overseas, the countries most hostile to market forces tend to be the countries with the worst pollution habit. We found after the fall of communism, for example, that the dirtiest governments of the 20th century weren't the capitalist corporate giants of the West, but the Soviet Union and the countries of the Eastern Block — governments where the notion of private property and free enterprise were nonexistent.
A little reflection should reveal why that would be the case. Think for a moment about things that are "private" versus things that are "public."
Given the choice, would you rather use a private bathroom or a public one? If forced to bed down on a given night, would you rather sleep in a private home or in public housing? If a loved one were ill, would you rather he be taken to a private hospital or a public one?
Economists call this phenomenon "the tragedy of the commons." We take better care of things we own, things that are ours. We're far less careful and cautious with things someone else owns. And we're least respectful of those things owned by the "public."
Consider forests. Every summer we watch the news as thousands of acres of publicly owned lands go up in flames. Ever wonder why privately owned forests don't burn as often? Why do these fires always seem to start in national or state parks?
The answer is that land owned by the government is generally unkempt. Regulations and pressure from environmental groups keep much of our parks system untouched
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Nemont