The Commons Theory

The Commons Theory refers to the idea that certain resources, like air, water, and public land, are collectively owned and should be managed for the benefit of all. It highlights the challenges of maintaining these shared resources, often called "the commons," because individuals may prioritize personal short-term gains over the long-term health of the resource. This can lead to overuse and depletion. Effective management often requires cooperation, regulations, or community agreements to ensure sustainability and fairness, balancing individual rights with the collective good.