Environmental Markets versus Environmental Deliberation: A Hayekian Critique of Green Political Economy

In recent years support for Habermasian deliberative models of democracy has become widespread within environmental political economy. Many Green theorists are critical of arrangements that foster a narrowly instrumental or techno- cratic conception of reason. Prime targets for such criticism have been centralised bureaucratic institutions, characterised by ‘expert’ rule and the market models of decision put forward by the neoliberal right. From the perspective of Green political economy, such modes of decision are fundamentally defective and need to be replaced by radical, participatory forms of democracy that are judged conducive to the development of discursive decision procedures and hence of a more communicative rationality.

Published in: New Political Economy
2001 Vol.6, no.2 Pages 171-190