Tumblr Icon RSS Icon

Liberalism and Resource Constraints

By Matthew Yglesias  

"Liberalism and Resource Constraints"

Share:

google plus icon

An idiosyncratic intellectual project of mine is trying to rescue classical liberalism’s good name from the clutches of contemporary libertarianism. A big issue here is that classical liberals were very concerned with binding resource constraints. In their day, that meant primarily arable land. John Locke, for example, famously noted that individual appropriation of land as property was legitimate “at least where there is enough, and as good, left in common for others.”

The particular problem of arable land isn’t a big deal in a modern rich democracy. But the basic issue that individualistic solutions don’t work when you have binding resource constraints is applicable to a lot of modern day issues. The atmosphere has a finite ability to absorb carbon dioxide emissions before we hit some kind of devastating climate tipping point. It’s striking that seven of the world’s ten highest revenue firms are in the oil business. And a huge share of the recent action in the high-tech space is intimately bound up with the finite quantity of radio spectrum. Tim Lee, who identifies as a libertarian but who I see eye to eye with a huge range of issues, has a thoughtful post about the application of these Lockean issues to the AT&T/T-Mobile merger.

Meanwhile, for the countervailing forces ledger note that the Communications Workers of America are strong proponents of the merger because AT&T is unionized and they think this will help them organize T-Mobile’s workers.

‹ The Government Needs Land Price Statistics

Charter Schools And Low-SES Students: Damned If They Do and Damned If They Don’t? ›

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.