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View Diary: Socialism — what it isn’t (117 comments)

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  •  I disagree with you about Hardin (0+ / 0-)

    As Oostrom and others have shown, the "tragedy of the commons" is a description of free-market capitalism's difficulty in managing common property, not socialism's.  Hardin is describing a situation in which individuals acting in their own interest end up producing a situation that none individually desire.  It's an argument against elevating your own self-interest above all else.  Hardin's herders exist in an world with no social restraints on behavior besides the desire to maximize short-term economic gain, a situation that is far more symptomatic of capitalism than socialism.

    Further, if you look at historical examples of common property regimes, they generally did a pretty good job (although not perfect) of managing their resources.  

    As far as environmental degradation in the Soviet Union, I think it's worthwhile to point out that that after 1921, land was owned by the State, not collectively by the people.  The degradation there was a symptom of a state intent on winning an industrial race at all costs, rather than a problem inherent to common property.  

    To believe that markets determine value is to believe that milk comes from plastic bottles. Bromley (1985)

    by sneakers563 on Fri Apr 05, 2013 at 05:37:46 PM PDT

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