8. Neoliberal Environments Flashcards
What are the positives to putting a value on nature?
Because it’s value has previously not been accounted for in desicionmaking
What are the bad things to putting a price to nature
Further endorsed the cause of environmental problems
What is neoliberalism
An economic and political philosophy that questions government interventions in the market and people relationships to the economy
When did neoliberalism emerge
1970’s
What are the characteristics of neoliberalism
Privatisation, marketisation, state roll back or de regulation, creation of self sufficient communities
What is neoliberalism seen as?
Not just a set of mechanisms but a political philosophy
What did Margaret Thatcher say about society
There is no just thing as society
What is commodification
The process which previously circulated outside monetary exchange is brought into the market
Who said nature was a fictitious commodity
Polanyi
What else is commodified?
The concept of nature itself
What is typically the situation where nature gets commodified?
Associated with expanding circuits of capitalism and economic growth
What is commondificarion if nature now used as?
A way to primate to environment
In environmental economics what causes environmental problems
Market failure
What is commodification if nature
Putting a pice on it
Who are the two big pushers of neoliberalism
Thatcher and Reagan
Why are environmental goods and bags not normally factored into deduction making
Not priced, some feel there is little need
How do economic environmentalists think of fixing market failures
Internalising externalities using economic instruments
What are economic instruments to environmental policy
Green taxes, subsidies, cap and trade, extended producer, responsibility, eco labelling, off sets
What are the benefits to neoliberalist environmental economics
Doesn’t impose punitive restrictions personal freedoms, more efficient environmental improvements are made where it is most cost effective to do so, those responsible payed the price
What are the challenge with environmental economics
It doesn’t work with the current system but extends that system, thatcher-there is no alternative, normalises and naturalises the idea of markets as a solution,
Who starts to champion neoliberal markets,
Environmentalists who were formally against it were now its champions
What fundamentally is market environmentalism
Anthropocentric
What are ecosystem services
The benefits people obtain from ecosystems