2/17/11

Interesting.

Some of you may already be familiar with the economic law called “the tragedy of the commons,” but for those of you who are not, I shall explain it to you. The tragedy of the commons refers to a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting their own self-interest, will ultimately deplete a shared limited resource even when it is clear that it is not in anyone’s long-term interest for this to happen. I would argue the tragedy of the commons receives far too little attention as a rational explanation for the cancerous expansion of the State. For what is the State other than people looting each others’ private property in a zero sum game of resource redistribution? The tragedy of the commons gives us a rational basis for the consistent and constant expansion of the coercively funded democratic State and why that expansion always leads to the destruction of society.

It fits my theory of "power groups". For more click here.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest

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