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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (326985)2/22/2007 5:33:51 AM
From: TigerPaw  Read Replies (1) of 1575758
 
problems with private ownership.
It's not private ownership per-se that is a problem.
The real problem is that all responsibility was sold along with the Love Canal dump.

The commons in that tragedy is not exactly the land, it is the expectation that when you buy something like real estate you are getting land and location, not some deliberately hidden problem. That common trust is not owned by anyone or by the government although the government spends great resources to facilitate the type of trust that allows commerce to work. Hooker Chemical in essence dipped deeply into that common pool of trust because of very type of calculation that Hardin demonstrates.

Our very legal system and culture is a commons, hard to own, but possible to exploit. When left unregulated it turns to tragedy much like an overgrazed plot of grass.

TP
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