Comments are now closed to this entry. I regret the inconvenience but I simply cannot run herd on it anymore. It’s the old tragedy of the commons problem. Here’s a brief explanation of what that means:
…describes a situation in which multiple individuals, acting independently, and solely 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.
That means that people will act in their own self interest even if it ruins it for everyone else.
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