CAN MARKET ECONOMY BE ECOLOGY-FRIENDLY ? THE CASE OF WASTE RECYCLING IN THE NINETEENTH CENTURY
Résumé
Sustainable development theorists frequently stress various ways by which market economies could be reformed in order to preserve the natural environment. Regulatory interventionism or ethical activism are frequently stressed a normative way in order to fulfil such an institutional task. European industrial history, however, suggests that the creation of valuable by-products from polluting industrial waste and emissions was “business as usual”, resting on economic behaviors brought about a free market economy. This case suggests that market incentives might have been more compatible with "environmental responsibility" than is usually believed.
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