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What Water is Worth addresses both conventional and non-conventional values of water, discussing the value of water as it relates to conventional microeconomics, water's true utility and government regulation, and new and current?practices in water management.Contents Preface 1 Conventional Values of Water Introduction: The Many Facets of Value Terminology Commodification Highlights from the Literature Conventional Values of Water Unconventional Values of Water Conservation Values Spiritual Values Policy Learning Use Values of Water The Value of Water as a Consumable Commodity Monetary Terms The Utility of Water Monetary Terms Welfare Economics Environmental Economics Cost-benefit Analysis Contingent Valuation Ecological Economics 2 Economic Grounds for Current Practices of Water Management A Starting Point: Values Sanctioned in Economics Turning Nature into Capital Water Markets and Hegemonic Powers The Indoctrination of Classical Liberalism Locke on Property Locke on Money The Indoctrination of Neoliberalism The Globalization of Trade The International Monetary Fund The World Bank The World Trade Organization Permeation of the 'Common Sense' The Common Sense of Water Marketing 3 The Millennium Ecosystem Assessment An Overview of the Millennium Ecosystem Assessment The Millennium Ecosystem Assessment The Trend toward Inclusion of Community Values The Millennium Ecosystem Assessment Ecosystem and Hydrologic Services Ecosystem Services Hydrologic Services The Millennium Ecosystem Assessment Conclusions and Progress A Further Look at Ecological Economics 4 Non-Conventional Community Values of Water Non-monetary Values of Water Environmental Values of Water In-stream Values of Water Spiritual Values of Water Eastern Beliefs Jainism Hinduism Chinese Traditional Religion Buddhism Shinto Sikhism Western Beliefs Judaism Islam Christianity Ecologically-based Spiritual Beliefs Zoroastrianism Bah?'? Faith Native American Beliefs Tsalagi Inuit Native Beliefs in Arizona Afril³(
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