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hertg OP ,

I saw your comment 3 months late 😄 In the blog post I actually mention the tragedy of the commons. The problem with the theory is that it is only applicable in fixed empirical settings. For this reason, I think it is quite dangerous to apply this theory generally. It is actually a key ingredient in neoliberal economics, where it is argued that privatization of commons is necessary, because they are tragic. I had to unlearn this notion myself. I recommend the book ‘Governing the Commons’ by Elinor Ostrom on the topic, it’s a collection of case studies which shows that commons are only tragic under certain preconditions.

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