i am talking about the tragedy of the commons and how it relates to overfishingWhy the hell would I do that? You make no sense
by doing so i implicitly explain the reason for ownership in scarce resources
gosh i sure hope this makes sense
i am talking about the tragedy of the commons and how it relates to overfishingWhy the hell would I do that? You make no sense
i am talking about the tragedy of the commons and how it relates to overfishing
by doing so i implicitly explain the reason for ownership in scarce resources
gosh i sure hope this makes sense
you're right, your mention of NA, which presumably referred only to the ones in the west where land was not scarce and people were mainly nomads while conveniently ignoring the hereditary buffalo hunting grounds on the great plains, private ownership of agricultural land among mahicans and in the southeast etc. (whoah, how dare i say that NA weren't a homogeneous cultural group that you can safely stereotype as peeps connected to the soil by their souls), is much more relevantThere used to be a population of Native Americans here on land, but I guess fish are more relevant.
i am talking about the tragedy of the commons and how it relates to overfishing
by doing so i implicitly explain the reason for ownership in scarce resources
gosh i sure hope this makes sense
I don't know what you specifically mean (forests outside of west Europe maybe?), but I'm willing to bet you can trace causation to limits on private ownership.Land ownership has failed us so far.
I don't know what you specifically mean (forests outside of west Europe maybe?), but I'm willing to bet you can trace causation to limits on private ownership.
Sure, it's conceivable that a dimwit who won't use his land for anything valuable despite market incentives, won't have the capital value of his property in mind when setting production rates or methods (ie anticipating future scarcity/abundance/acute need/obsolescence and adjusting according to time preference as reflected in interest rates [mechanism not currently in function]) and doesn't even know at all what he's doing but still refuses to sell it to a better steward. There still are a heck of a lot of incentives with which management is as effective as or more effective than it would have been without them (ceteris paribus), though
I'm just gonna leave this here and probably not come back, I know y'all find it boring
I found the topic interesting but his voice did almost put me to sleep. I listened to it while I washed the dishes.
I think that capitalism and increased rights for private ownership may help in some situations to manage certain resources- namely situations where better management leads to a more sustaniable business prospects and more profit. However, there is only incentive to manage resources that yield profit, what about managing aspects of the evironment such as biodiversity and endangered species that have limited monetary value?
Also, some resources are shared by everyone such as air and waterways, how does increased indivudal property rights protect these collective resources
I think it's kinda cute
I hope I'm adequately addressing what you're actually asking here...
If someone voluntarily seeks to save an endangered species they do it either as an interested individual who gets personal satisfaction from it, or as a capitalist expecting potential revenue since others will value what he does, either because they value the species' survival in itself or the animal will in some way benefit in a production process. If none of these are true, no one will try to conserve the species. Should it still be conserved?
The conjecture that those in the business of medicine, cosmetics and production of chemicals that can be used in food etc might have an interest in preserving species without currently clear uses should maybe be mentioned here.
In the sense that everyone uses air, air is abundant (a resource is scarce only if several people wish to use it in mutually incompatible ways) and therefore no one owns it and there is no need to conserve it. In the more local sense, Rothbard in the video talked about how it used to be that, if someone polluted nearby, you could take them to court since this use of your local air was incompatible with how you previously used it (which is pretty much the general anatomy of any violation of property). "Desirable" pollution which came as a side-effect of very valuable production could still be upheld by negotiating with those who were negatively affected, thereby reaching the "optimal" amount of pollution (and steering it towards less valuable land, since polluting there would be less expensive). In the early 19th century however, courts started rejecting such complaints as illegitimate (encroachment on ownership) and gave more or less total leeway for polluters.
The follow-up to the "should?" regarding conservation of things no one wishes to voluntarily conserve would of course be "how?". I think you see what's being implied here, although technically it's no longer in the realm of the current topic.Thanks for your thoughful response.
It is a good question you ask about conservation. I think that it should be conserved to maintain ecology and for future generations but I also undertand that many species die out in the process of natural selection. The loss of biodiversity would have dire consequences on the environement. However, I think at some level humans have to respect the environment for what it is, not just its use to us. Respect for its own sake is not profitable though.
Legal technicalities is admittedly not at all my department, sorry. The only thing I have to offer is a hypothetical where it would've been considered criminal to engage in such activities for the last 200 years and the possible advances that could have been made in the field of investigating it, with an analogy to the stuff they do on CSI. : PI think that this could work if it was governed correctly, albeit it would be messy and expensive to administrate. What if people don't sue though? The pollution itself could be difficult to measure objectively. And how does compensation work when the land is destroyed or becomes unusable?
Well, that's possible, and I'm not sure whether moving into a discussion of its ethicality would be appropriate here, but as I think I've mentioned before, capital tends to go from bad stewards to good one and all that.And what if an indivual that owns land with valuable resources on it chooses to mismanage it deliberatly for short term gain, destroying it in the process. Although this would be unwise, it would be well in their rights to do as long as it didnt interfere with anyone else's rights.
Agh, recommending books on the topic of economic calculation and collective ownership seems like it would be fruitless (unless you'd actually be interested in reading that, I'm assuming not though), and most lectures that seem like they'd be decent are by Joseph Salerno... He's a good thinker and all, but if you found Rothbard boring you'd probably fall asleep at the mere sight of Salerno xD The short version is that no private property in capital goods leads to no capital markets, leading to no prices for capital, leading to an inability to calculate which resources are more highly valued/scarce, meaning that you can't direct them to their most valuable uses. I haven't watched it, so I don't know if it'll elucidate anything, but you can watch this if you'd like (or just google it and see if you find something appropriate).All in all I think that this system of private ownership could have some merit in terms of resource management.
I still think that communal land ownership could be just as effective though. With communal land ownership the needs of the whole community would be considered when managing resources, not just the profitablity of resources for certain people.
What do you think/feel about land ownership?
Its been bugging me for a while. It just doesnt make sense to me on a fundamental level that an individual can own land.
It seems that every other person I know is preoccupied with paying rent, maintaining their property or aquiring more property. There are those that own most of the land and then the rest of us that squabble over and work our whole lives to own a piece of the left overs. Even I want my own piece of paradise in the rainforest high up on a hill.
In a true sense land is all we have, all that is real. It belongs to all of us and the future generations. We are custodians of the land if anything, like many tribal cultures believe. Money doesnt exist and the concept of ownership is just that- a concept.
Is it possible or practical to live in a world with no land ownership?
How would this work?
How about land leasing without inheritance? Is this viable?
Doubtful. The children who grow up on that land should (ideally) know how to use it best. No learning curve.
To outlaw land hoarding would be better.