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Politics : Foreign Affairs Discussion Group

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To: 49thMIMOMander who wrote (19081)	2/17/2002 12:42:17 AM
From: Raymond Duray	Read Replies (1) of 281500

Hi Illmarinen, The term of art is "the tragedy of the commons". It isn't just a medieval flaw. Look at what the greed of man did to destroy the Grand Banks Cod fishery. Seemingly permanently, and perhaps irrevocably destroyed by greed. For four centuries, the Grand Banks were one of the most important sources of protein for the Northern European and Northern American diets. And we destroyed it. Welcome to the wonderful world of "Free Markets". Free, because there isn't anything left to sell any more. The Love Song of J. Alfred Prufrock, taught to all of us English speakers in high school says it nicely: This is the way the world ends. Not with a bang, but a whimper.

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