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Forum Post: Tragedy of the Commons- Why Socialism Won't Work

Posted 2 years ago on April 6, 2012, 7:05 a.m. EST by toonces (-117)
This content is user submitted and not an official statement

The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting their own self-interest, will ultimately deplete a shared limited resource, even when it is clear that it is not in anyone's long-term interest for this to happen.

http://en.wikipedia.org/wiki/Tragedy_of_the_commons

114 Comments

114 Comments


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[-] 3 points by shadz66 (19985) 2 years ago

"Why Socialism Won't Work ?! WTF ?!! Isn't the 'Title' & the subsequent 'Post', a 'non sequitur' really ?!

In truth "In their demoCRAZY deMOCKERYcy, WTF do Americans think they know about 'Socialism