In 1968 Garrett Hardin described the tragedy of the commons. The classic example of the commons is a pasture where any community member can graze his livestock. What would be the modern equivalent of the commons?

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The modern equivalent of the commons would be natural resources like water, air, forests, and plants. These resources are often not owned by anyone in particular and are accessible to everyone, leading to potential overuse and depletion. The tragedy of the commons is still a relevant issue today, with concerns over climate change, deforestation, and water scarcity.

In 1968 Garrett Hardin Described the Tragedy of the Commons