Water Capitalism - (Capitalist Thought: Studies in Philosophy, Politics, and Eco) by Walter E Block & Peter L Nelson (Hardcover)

About the Book

Water Capitalism proposes the privatization of all bodies of water, because those who own resources husband their assets far more carefully than do bureaucrats who have no real stake in the environment. The idea that an all-powerful state should, or could, care for the physica...

Book Synopsis

Water Capitalism proposes the privatization of all bodies of water, because those who own resources husband their assets far more carefully than do bureaucrats who have no real stake in the environment. The idea that an all-powerful state should, or could, care for the physical liquid environs of the world is shown to be incorrect and immoral.

Review Quotes

I'm going to recommend your book, of course, to listeners. I don't think you're going to find another book on water body privatization. I think I can say that with a degree of confidence. But this book, which Walter Block and his co-author have just released . . . is the place to go to get a lot of very important food for thought.

In this pathbreaking tour de force, Professor Walter Block of Loyola University, New Orleans, and Peter Nelson, an engineer out of Colorado specializing in water resources, lay down the case for full-throttle Water Capitalism. In free-flowing, inter-disciplinary form our authors provide a jam-packed foundation (and I do mean jam-packed; the bibliography alone is 35 pages long) for future advocacy of free markets in all things aqua.... In sum, Water Capitalism is a breath of fresh air in the stagnant atmosphere of watered down quasi-defenses of aquacapitalism. Indeed, a beefy appendix is dedicated to smashing the various 'free market environmentalist' academic and policy proposals that have preceded Water Capitalism. This section will be of utmost interest to the more scholarly inclined segment of our author's audience. Nonetheless, an inquisitive reader passionate about a free and prosperous future will find an intellectual adventure well worth setting sail for in this invaluable contribution.

In this provocative new book Walter Block and Peter Nelson thoroughly and eloquently discuss the idea of privatizing the oceans and all other bodies of water. Included in this well-researched volume are in-depth treatments of the entire spectrum of aquatic ownership concepts as well as an enlightening description of a potential aquatic privatization homesteading process. This well-written and easy-to-read treatise persuasively challenges assumptions and ideas held by people throughout the ages.

Walter Block is a famous champion of property rights, and his book with Peter Nelson makes the case for private oceans, rivers, lakes, and acquifers in compelling and convincing fashion. It could also not be more timely. Water Capitalism indeed!

About the Author

Walter E. Block is Harold E. Wirth Endowed Chair and professor of economics in the College of Business at Loyola University New Orleans and senior fellow at the Mises Institute.

Peter Lothian Nelson is former president of PLN Engineering and a professional engineer.