There is ambiguity surrounding water laws and who owns what, resulting in a tragedy of commons. This can be fixed, so is thought, by water becoming a common property.
This article not only gives brief information about the Tragedy of Commons but also considers the daily applications of it. It talks about the current market failure in today's oceans. It talks about the loopholes of the Law of the Sea, whereas it considers the possible solutions to that problem.
IN 1968 an American ecologist, Garrett Hardin, published an article entitled "The Tragedy of the Commons". He argued that when a resource is held jointly, it is in individuals' self-interest to deplete it, so people will tend to undermine their collective long-term interest by over-exploiting rather than protecting that asset.
This Article talks about the tragedy of the commons in Yukon. The territory has finite sources and ecologist Garret Hardin these resources have to be protected. But in Yukon and other places in the world today, these finite sources are not protected and corporations and companies can do what every they desire, This article outlines the problems of not protecting our natural resources, we are working against the good of the whole of society.
This article talk about how human impact on our oceans could lead to several extinction in the sea. Unsustainable fishing being a big contributor. This is a prime of example of Garrett Hardin idea of the Tragedy of the common as humans human as using up these shared resources for a private benefit, but they are not necessarily thinking about the future of these common resources. And supporting Garrett Hardin thoughts, we must find a way to determine which institutions are best to protect use resources.
I chose this article because it talk about indoor farming. This does not damage public land and it reduces waste. It satisfies a demand without deleting or damaging the commons (the land normally used for farming)
This article/picture relates to the tragedy of the commons as it highlights the fact that since some countries have public bathrooms that are free of charge, there is little to no upkeep for the bathrooms, and so the users of the bathroom won't clean up after themselves. However, in some places of Europe, bathrooms are paid for to maintain cleanliness and sanitation.
This article suggests how individual quotas were introduced due to the overfishing in the sea, which were aimed to better the situations. The individual quotas awarded the fisherman the right to catch a certain percentage of the total annual allowable catch. However, these tradable quotas caused great economical and ecological harm as big cooperations bought a majority of the shares. The article shows the different incentives taken by citizens and individual fishing operators and their associations to solve this problem.
The oceans are a crucial for human life, and their everyday functioning. The oceans produce $3 trillion of goods and services each year and are untold value for the Earth's ecology. Despite this fact, humans continue to damage this valuable source of life, and the nature is damaging us back by the melting of the Arctic ice in summer, the spread of oxygen-starved dead zones and the death of coral reefs. An example where the nature is harming us back can be seen in Thailand where the coastal mangrove swamps were cleared to set up shrimp farms. However, the ocean storm surges in 2011, rushed in to flood the country's industrial heartland, causing billions of dollars of damage causing the market failure.
The stocks of prawns, lobsters, and crawfish are plummeting drastically due to the dredging and trawling in inshore waters. Actions have been taken to improve the marine life, and regulations are being imposed on the dredging. The limitations of inshore fishing addresses the problems of seafood scarcity and depleting the marine population.