Tom Pelton: Gambling on a Wall Street approach to managing nature

Ever since President Ronald Reagan declared that “government is not the solution to our problems, government is our problem,” Republican policymakers have been working to privatize America’s public services. The idea is that the magic of the free market is needed to improve the world around us because our elected government is inefficient and inherently suspect. So instead, we’ve seen the growth of private prisons, highways and bridges, and even municipal water systems owned by corporations. Now, here in Maryland, we are witnessing the logical flowering of that idea: Employing a Wall Street approach to managing nature. (Balt. Sun)

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