• wahming@monyet.cc
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    6 months ago

    The classic example, and trope namer, comes from farmers overgrazing their livestock on the common pasture. This stretches back to way before hypercapitalism was a thing. For that matter, the concept has been discussed as far back as Aristotle, millenia before capitalism was even a concept. There is no requirement for the tragedy to be reliant on capitalism to exist, and is a standard component of game theory. Even the article itself (except for the clickbait headline) does not make the argument that it does not exist, but is entirely about how to prevent it from happening.