Tragedy of the Commons, Business Growth and the Fundamental Sustainability Problem

  title={Tragedy of the Commons, Business Growth and the Fundamental Sustainability Problem},
  author={Edward J. Garrity},
This paper reviews the major issues involved in Hardin’s [1] tragedy of the commons, written over 44 years ago, and examines whether these issues are still relevant today. We assert that this model still provides important insight to aid in the solution to our global problems. In particular, we maintain that the underlying issues of growth against limits and bounded rationality are still not adequately recognized and addressed; this underlies many of the reasons for our unsustainable world… 

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