The call to put 'a price on nature' can be appealing - but it misunderstands what's at stake | Jeff Sparrow

Free market mechanisms have been used for years to tackle the environmental crisis - with disastrous results. It's time for some new ideas"When [a] crisis occurs, the actions that are taken depend on the idea that are lying around."Nowhere has Milton Friedman's dictum applied with more force than in respect of the environment. When scientists first raised the alarm about global warming in the late 1980s, the ideas "lying around" all pertained to neoliberalism. As a result, mainstream climate action has prioritised free market mechanisms, with disastrous results. Continue reading...