A society that values individual rights should not give liable parties a free pass. But a hostile federal takeover of BP would send a message to every other firm in the oil industry that their assets aren't safe from plunder.
"Congress and big oil companies colluded to reward risky behavior and lost their bet."
A system of private-property rights over all else would be a better solution.
Bob DelGiorno of the “First News” radio program on WWL, New Orleans, interviews Professor Walter Block, 7 June 2010.
Judge Andrew Napolitano interviews Professor Walter Block on free-market environmentalism, 27 May 2010.
As interviewed by Dan Cofall on the Wall Street Shuffle radio program; CNN Radio; Dallas, Texas, 10 May 2010.
The abstraction called the "ecosystem" — which never seems to include mankind or civilization — has done far less for us than the oil industry, and the factories, planes, trains, and automobiles it fuels.
The garbage situation in Cairo is a classic example of government imposing a supposedly rational and modern solution that fits the needs of the people in charge but doesn't fit the needs of people. The end result is a spectacular failure.
There is no greater immorality than deep opposition to mankind per se, and environmentalism must be exposed as that kind of immoral and destructive creed. Only then will the party of mankind be able to take back our culture.
