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Old Apr 29, 2006, 11:13 am   #14 (permalink) (top)
Morgan_Freeman
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Location: Seattle
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Quote:
Quote by: Autolykos
To me, saying that something is owned "collectively" means that everyone owns it. Yet this seems tantamount to saying that no one owns it. From there, we get into the "tragedy of the commons" concept. However, this cannot be completely accurate, for most businesses could be said to have collective ownership on the part of their shareholders.
The Tragedy of the Commons refers to collective use. If every shareholder of a company had a right to come in and use the xerox machines, etc, things would understandably get a little crazy.


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