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The cost of controlling pollution is lower if it is done through through regulatory agencies instead of private legal action over property rights

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The cost of controlling pollution is lower if it is done through through regulatory agencies instead of private legal action over property rights
Subjects
Capitalism
Government
Pollution
Property rights
Regulations
Linking arguments
Societies should use private property rights to control pollution



Supporting arguments

Private civil action was used earlier in United States history, and it was considered economically ineffecient. That was why it was supplanted by the creation of regulatory agencies, which have lower overall costs. [1]

Opposing arguments

Private property right enforcement would be more effective than than the use of regulatory agencies, thereby lowering other costs, such as pollution-related health care. [2]

Notes

  1. leattime20
  2. OttoBismarck
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