All Articles

#148: Tragedy Of The Commons

1 min read

While reading Deadliest Enemy: Our War Against Killer Germs to better understand the current situation regarding the Coronavirus pandemic I came across the economic problem of the Tragedy of the commons:

The tragedy of the commons is a situation in a shared-resource system where individual users, acting independently according to their own self-interest, behave contrary to the common good of all users by depleting or spoiling the shared resource through their collective action. - Tragedy of the commons | Wikipedia

I directly thought about people who don’t care about others regarding social distancing to avoid spreading the virus and binge-buying toilet paper or other food resources.