By far the most common solution for tragedy of the commons is property rights and that also what works the best in most cases. Solving tragedy of the commons in

By far the most common solution for tragedy of the commons is property rights and that also what works the best in most cases. Solving tragedy of the commons in Britain is literally a major step in development of capitalism. Modern economists have since done a huge amount of work on this topic and multiple noble prices have been given to work on the subject. The idea that it is inherently a capitalist problem is nonsense, its a universal problem that exists in all human societies from hunter-gather to soviet socialism and all forms of capitalism. It can not be 'fully patched' in any system of human interaction. Humans have found millions of solution for the problem in a million different ways, there is no universal solution. I would recommend Elinor Ostrom work to illustrate this and how such situation can be solved. She had worked on this problem for 40+ and got a noble price for it. Other things to read are, Ronald Coase, Armen Alchian, Douglass North.