I am not surprised. Contrary to popular belief, free markets nor capitalism do not resolve tragedy of the commons; they just hide it in (negative) externalities.
The biggest example is probably the CO2 emissions and global warming, but also the social costs of economic outcasting - making people jobless, homeless or otherwise stressed due to poor distribution of resources.
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The original Tragedy of the commons was largely made up
https://www.hamptonthink.org/read/the-myth-of-the-tragedy-of...
I am not surprised. Contrary to popular belief, free markets nor capitalism do not resolve tragedy of the commons; they just hide it in (negative) externalities.
The biggest example is probably the CO2 emissions and global warming, but also the social costs of economic outcasting - making people jobless, homeless or otherwise stressed due to poor distribution of resources.