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So you're saying this is a tragedy of the commons, principal-agent scenario then? You will continue to accumulate unless everyone else stops accumulating.
by platz 8y ago
So you're saying this is a tragedy of the commons, principal-agent scenario then?
You will continue to accumulate unless everyone else stops accumulating.
- DennisP 8y agoAbsolutely it's a tragedy of the commons. That's why it's such a hard problem to solve. But one way we often solve these problems is with taxes. We pay for all sorts of public goods with taxes and it works pretty well. So I completely support a high tax on carbon, even if it significantly impacts my personal wealth.
- kiliantics 8y agoI think that's overly simplistic. There are systemic forces beyond our individual control that pretty much force us to consume at irresponsibly unsustainable rates. Planned obsolescence is an obvious one when it comes to technology products. Fast fashion is another. There are also many ways in which artificial scarcity forces us to consume more than we otherwise would. If things like handtools were "common" property, then not everyone would have to buy a hammer or drill for each house which they then only use once or twice a year. There are many ways this could be different but they are just not profitable so our current system won't allow it. In the past, for instance, even things like ovens were common property, fired up once a week for everyone in the community to bake their loaves in.