On markets and government: property rights to promote sustainability with market forces

Publication date: November 2013 Source:NJAS - Wageningen Journal of Life Sciences, Volume 66 Author(s): Krijn J. Poppe There are many different images of the livestock industry and many persons are unhappy with the outcome of the market process. Instead of explaining why the market leads to the current outcomes, it is wise to be prepared that politics will rearrange the property rights in order to produce different outcomes of the market mechanism. In this essay, I show that there are market processes that contribute to a more sustainable way of farming, and that these processes can be reinforced. There are also unsustainable public policies that can be liberalized. And where the market fails, the government should intervene, but may choose market-oriented instruments.

Source: NJAS Wageningen Journal of Life Sciences - October 12, 2014 Category: Biology Source Type: research