It’s probably not a surprise that I’m a big fan of Free Market Environmentalism (FME). FME is caricatured by detractors as laissez faire oil refineries sitting on wetlands. But in the real world, it (like much of Libertarianism) should instead be understood as recognition that for many ends – in this case environmental – applying / directing market forces can be a better means of achieving that goal.
FME often stands in stark contrast to prevailing currents in conservation / ecology which attempt to use government & regulation to eliminate markets altogether. FME advocates assert that this approach is a recipe for potentially even more destructive black markets – especially when coupled with rampant public sector corruption as is found in India.
TCS‘s Barun Mitra has a great little article on India’s dwindling tiger population & how FME could be applied –
…in the US trade of live tigers is permitted, tiger numbers are in excess of 15,000, where in India, their numbers have dwindled to around 3,500. The problem is that Indian wildlife is seen as nationalised property and placed outside the discipline of the marketplace. While many call for more stringent action to stop the illegal trade in wildlife and for more prosecutions of poachers, this ignores the fact attempts to stem supply have merely driven up price through illegal trade… Under the present system of prohibition, forest dwellers have no interest in protecting tigers, poachers and traffickers have a field day. Unscrupulous traders profit from selling spurious tiger products. The high profitability attracts the criminal mafia. …The babus wielded the power, smugglers oiled the wheels, blackmarketeers made a killing and the law enforcers took their cut.
Mitra includes the following stat which many, admittedly, might find repulsive –
The tiger, top of the food chain in its ecosystem, would also be at the top of the economic ladder because of its market value. There is a demand for virtually every part of the tiger. The total value of tiger parts from its nose to its tail could easily come to USD 40,000.
Distateful, perhaps, but it may be the best way to save Simba. Continue reading