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|    alt.politics.economics    |    "Its the economy, stupid"    |    345,379 messages    |
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|    Message 343,793 of 345,379    |
|    davidp to All    |
|    The commons dilemma stands as a model fo    |
|    09 Jul 23 23:30:55    |
      From: lessgovt@gmail.com              The tragedy of the commons can be considered in relation to environmental       issues such as sustainability. The commons dilemma stands as a model for a       great variety of resource problems in society today, such as water, forests,       fish, and non-renewable        energy sources such as oil, gas, and coal.              Situations exemplifying the "tragedy of the commons" include the overfishing       and destruction of the Grand Banks of Newfoundland, the destruction of salmon       runs on rivers that have been dammed[28] (most prominently in modern times on       the Columbia River in        the Northwest United States and historically in North Atlantic rivers), the       devastation of the sturgeon fishery (in modern Russia, but historically in the       United States as well), higher sickness and mortality rates from COVID-19 in       individualistic        cultures with less obligatory collectivism, and, in terms of water supply, the       limited water available in arid regions (e.g., the area of the Aral Sea and       the Los Angeles water system supply, especially at Mono Lake and Owens Lake).              In economics, an externality is a cost or benefit that affects a party who did       not choose to incur that cost or benefit. Negative externalities are a       well-known feature of the "tragedy of the commons". For example, driving cars       has many negative        externalities; these include pollution, carbon emissions, and traffic       accidents. Every time Person A gets in a car, it becomes more likely that       Person Z (and millions of others) will suffer in each of those areas.       Economists often urge the government to        adopt policies that "internalize" an externality.              The tragedy of the commons can also refer to the idea of open data.         Anonymised data are crucial for useful social research and represent       therefore a public resource – better said, a common good – which is liable       to exhaustion. Some feel that the law should provide a safe haven for the       dissemination of research data,        since it can be argued that current data protection policies overburden       valuable research without mitigating realistic risks.              An expansive application of the concept can also be seen in Vyse's analysis of       differences between countries in their responses to the COVID-19 pandemic.       Vyse argues that those who defy public health recommendations can be thought       of as spoiling a set of        common goods, "the economy, the healthcare system, and the very air we       breathe,[ for all of us.              https://en.wikipedia.org/wiki/Tragedy_of_the_commons              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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