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The quotes are just to indicate its the general concept of tragedy of the commons. The parent comment reads as if they are appalled by a decline in virtue thes
by athrowaway3z 6y ago
The quotes are just to indicate its the general concept of tragedy of the commons.
The parent comment reads as if they are appalled by a decline in virtue these days. And looking at America through the lens of the internet I tend to agree that things are not that great for the median person.
Mass consumer debt is a recent invention. I call it a tragedy of the common because every lender wanted to get in on it ( Its very profitable after all ). Having a saturated pool drives lenders not to compete on price, but on their ability to enlarge the pool of people to lend money to.
I don't believe people are naturally entitled, but (money) stress shortcircuits the brain. It allows people to do things that they know suck for other people. ( And it makes them dumber overall, but that's another discussion entirely )
And i know, one sentence isn't going to cover the infinity complex situation. But i feel that push to normalize consumer debt but the US on an inevitable path of normalizing individual greed. That what andrewstuart noticed.
- fullshark 6y agoI don't see how any of these things are connected