Paul Chesser tackles the topic again today for the National Legal and Policy Center.
Corporations would serve their customers, shareholders, and the public interest better if they paid more attention to free market principles rather than attempting to appease wildly divergent Left-wing interest groups. John Locke Foundation economist (and my former colleague) Dr. Roy Cordato wrote in a report on sustainable growth, “The standard view of sustainable development is not rooted in any coherent set of philosophical principles. Advocates for sustainability tend not to focus their arguments on the basis of liberty, equality, or economic efficiency. Instead they push a collection of anti-free market ideas that have made up the core agenda of the major environmental advocacy groups since the 1970s.”
As has been shown repeatedly throughout history, the collectivism and central planning by government is always an economy-killer. And as Cordato wrote, there is no evidence that overuse of resources by previous generations has had a harmful effect or eliminated vital goods or needs for following generations.
