But it’s the latter possibility that is the most intriguing: that Campbell may have won, not in spite of the carbon tax, but because of it. If this election comes in time to be seen as the watershed event in Canadian politics I think it is, it will be for this: that a right-leaning politician could claim ownership of the environmental issue; that he could stake out a leadership position, rather than simply following along the route established by convention; and, critically, that he could do so in ways that did not compromise or contradict his free-market principles, but enhanced them.
Others have noted the discomfort Campbell’s embrace of the carbon tax caused the NDP, under attack throughout the campaign by its traditional environmentalist allies. Less commented upon was the degree to which he was able to draw those kinds of voters to his own party. Simply put, Campbell has reinvented the conservative coalition. The old coalition, between economic liberals (in the free-market sense) and social conservatives, was always an uneasy one: their interests and values were too often at odds. But a coalition of free marketers and environmentalists is a more natural fit—if only conservatives would realize it.
A whole generation of environmentalists have grown up who “get” the market: who understand its uses as an instrument for promoting social goals through individual choices. That, after all, is what the market does every day. Conventionally, this is understood in terms of efficiency: price signals lead each of us to economize in his use of scarce resources in such a way as to maximize the output of society. But it’s just as applicable to environmental concerns like global warming. Indeed, the two problems—economic and ecologic—are essentially the same. It’s all about minimizing waste.
A carbon tax simply expands the range of information those price signals convey, incorporating into prices costs that had previously been sloughed off on the rest of society. There’s no contradiction with “free-market ideology” in such a policy. It’s the fulfillment of it. Indeed, having established the market’s bona fides when it comes to the environment, Campbell may get a better hearing for market solutions to other problems.
Campbell may well have pointed the way forward for conservative politics. He has broadened his base, not by going back on his conservative principles, but by deepening his commitment to them.
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