AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Private Ownership vs. The Commons
The narrative often favoring private ownership over the commons to prevent destruction was debunked by political scientist Eleanor Ostrom, who won the Nobel Prize for her work on the commons. Ostrom's research focused on real-world examples, dismantling the fallacies proposed by Hardin. Through her empirical approach, Ostrom illustrated that the commons can thrive under certain conditions, contrary to the belief that private ownership is the only solution for preservation.