this post was submitted on 01 Sep 2024
850 points (95.7% liked)
Political Memes
5618 readers
2324 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm having an "akshually" moment here. For what it's worth, the Tragedy of the Commons refers to over-exploitation of material resources that are held in common by a community, like public grazing land in Hardin's famous essay. That can't happen in a libertarian system, because there wouldn't be any commons; all of the land would be privately-owned.
The closely-related concept that plagues libertarian systems is the Free-Rider Problem, which refers to people not paying the cost of a public good, which is defined as one that is non-excludable (can't stop people from using it), and non-rivalrous (use or benefit by one person doesn't prevent use or benefit to anybody else). A classic example of a public good is a lighthouse. Any ship can use a lighthouse, even those that don't help pay for its maintenance. The incentive is not to pay, so public goods are the things that every successful society has to re-invent taxes to pay for.
"Akshually" away! That was well written and informative. :)