The Benefit Of The Commons: Strategies For A Brighter Future

Commons is about sharing resources, collaborating and making decisions together without a top-down dictate. There is a variety of definitions which delve into what and how should be shared. Elinor Ostrom, the Nobel Prize laureate awarded the prize precisely for her extensive work on the commons, defined it as common-pool finite resources such as grazing grounds, forests, coastal areas, rivers and so on. She argued that the best way to manage these natural ecosystems would be through a collective action of the people who use these resources, and not through state or market mechanisms.
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