Abstract
Land trusts are increasingly powerful institutions of U.S. environmental governance that deserve more critical scrutiny. As charitable conservation organizations, they enjoy the many advantages of nonprofit status under the claim that they provide broad public benefits. Critics, however, have recently challenged this claim, portraying land trusts as quintessential institutions of neoliberal privatization and hybrid governance. Through a conjunctural analysis of U.S. land trusts across the long twentieth century, and with specific attention to the first, the Trustees of Public Reservations (founded in 1893), this article argues that the treatment of land trusts as neoliberal institutions is both illuminating and limiting. As many critical analyses indicate, U.S. land trusts today tend to privatize governance and facilitate the use of public funds for projects with significant private benefit. I argue, however, that the conceptualization of land trusts as institutions of neoliberal environmental governance also obscures the fact that, across their long history, they are an expression of the contradictions of decentralized land-use planning under capitalism. Most broadly, I suggest that rigorous conjunctural analysis can help geographers refine their conceptualization of neoliberalism and move beyond its limits.
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