TY - JOUR
T1 - Property rights and the resource curse
T2 - A reply to wenar
AU - Wisor, S.
PY - 2012/1/1
Y1 - 2012/1/1
N2 - In "Property Rights and the Resource Curse" Leif Wenar argues that the purchase and sale of resources from certain countries constitutes a violation of property rights, and the priority in reforming global trade should be on protecting these property rights. Specifically, Wenar argues that the U.S. and other western liberal democracies should not be complicit in the trade of so-called cursed resources, and the extant legal system can be used to end the trade in cursed resources by prohibiting the importation of cursed resources, litigating against companies that operate in resource-cursed countries, and imposing trade tariffs on third party countries' exports if they trade in cursed resources. In this paper, I show that while Wenar is correct that the trade in cursed resources is morally objectionable and therefore creates additional moral obligations for participants in that trade, his normative assessment fails to take account of the complexity of the resource curse and his prescriptive proposal for clean trade will not reduce harm in resource-cursed countries. I suggest that the reduction of harm, rather than the enforcement of property rights, should be the normative and practical focus in evaluating and reforming trade in natural resources.
AB - In "Property Rights and the Resource Curse" Leif Wenar argues that the purchase and sale of resources from certain countries constitutes a violation of property rights, and the priority in reforming global trade should be on protecting these property rights. Specifically, Wenar argues that the U.S. and other western liberal democracies should not be complicit in the trade of so-called cursed resources, and the extant legal system can be used to end the trade in cursed resources by prohibiting the importation of cursed resources, litigating against companies that operate in resource-cursed countries, and imposing trade tariffs on third party countries' exports if they trade in cursed resources. In this paper, I show that while Wenar is correct that the trade in cursed resources is morally objectionable and therefore creates additional moral obligations for participants in that trade, his normative assessment fails to take account of the complexity of the resource curse and his prescriptive proposal for clean trade will not reduce harm in resource-cursed countries. I suggest that the reduction of harm, rather than the enforcement of property rights, should be the normative and practical focus in evaluating and reforming trade in natural resources.
UR - http://www.scopus.com/inward/record.url?eid=2-s2.0-84875420953&partnerID=8YFLogxK
U2 - 10.5840/jpr2012378
DO - 10.5840/jpr2012378
M3 - Article
AN - SCOPUS:84875420953
SN - 1053-8364
VL - 37
SP - 185
EP - 204
JO - Journal of Philosophical Research
JF - Journal of Philosophical Research
ER -