Tragedy of the Commons
In 1968 Garrett Hardin published an article describing the problem of the overuse of resources, which he called “The Tragedy of the Commons”, and suggesting a remedy for some cases at least: privatization. Here is the original article http://www.garretthardinsociety.org/articles_pdf/tragedy_of_the_commons.pdf
There have been criticisms of this solution to the problem, such as this one http://www.steadystate.org/the-fallacy-of-the-tragedy-of-the-commons/
What do you think? Please provide evidence in support of your position.
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