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> It’s a textbook tragedy of the commons example. It's not tragedy of the commons. https://en.wikipedia.org/wiki/Tragedy_of_the_commons https://en.wikipedia.or
by kstenerud 7y ago
> It’s a textbook tragedy of the commons example.
It's not tragedy of the commons. https://en.wikipedia.org/wiki/Tragedy_of_the_commons https://en.wikipedia.org/wiki/Tragedy_of_the_commons
This is an example of an inefficient system with powerful stakeholders working to preserve the gravy train that's developed around it.
- CPLX 7y agoMy analogy was that the pool of money available to fund health care was a “commons” and without being rationed by a government it would be exploited. Perhaps the better public policy jargon to use would be logic of collective action, in the sense that the profiteers are the special interest group and the rest of us are the diffuse group, but the concepts are pretty conceptually related in my opinion.