Sustainable Development by Means of Market Distribution Mechanism

Abstract

"My contribution is interdisciplinary, laying particular stress on legal- and social science. As the governmental decision process is subject to management barriers, the exit of Political Resource Distribution Control is my point of departure. Having documented its inability to cope with the problem of sustainability, I turn to the Market Distribution Mechanism as the appropriate instrument. As Market arrangements suffer from institutional weakness and failures, the problem then is to develop a strategy of integrating the full social cost of mismanagement of resources and pollution, into all private costs."