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Bulletin of Science, Technology & Society, Vol. 28, No. 3, 256-259 (2008) DOI: 10.1177/0270467608316484 Sustaining the Commons: The Tragedy Works Both WaysVirginia Tech
Virginia Tech
Virginia Tech In the management of common property resources, privatization is often advocated as the surest path to sustainability because of its reliance on human self-interest in natural resources decision making. This article demonstrates that the motive of self-interest, though powerful, does not necessarily lead to environmental outcomes that promote the common good. The key to avoiding the Tragedy of the Commons is not private ownership but controlling access.
Key Words: sustainable development tragedy of the commons property rights access versus privatization
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