Tag: Tragedy of the Commons
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Why the Uproar to Spirit Airlines Solution to the Tragedy of the Commons?
Tragedy of the Commons describes a circumstance where a group of individuals acting responsibly and conscientiously will ultimately exhaust a commonly shared limited resource. Take a community where each family has a small herd of cattle and a commonly owned grazing area. It is in each family’s interest to feed their cattle well and to…
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Self-Interest and Benevolence: Partners, not Antonyms (Part 11)
(Link to Part 10) Benevolence in Family and Beyond I concluded the last post by characterizing the family as a benevolence-oriented commune. There is communal property. Some laborers produce goods for trade. There is a place for those without the capacity to do economic labor and a place for caregivers. Biological bonds and those established…