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IntroThe protection of global resources is controversial because the development of an advanced industrial society involves the exploitation of natural resources to produce goods and services for world market. -So, how can we balance the resource needs of industrial society with the natural environment?The Tragedy of the CommonsThis parable shows how many individuals each acting rationally, can destroy the very resources that sustain them all. Alternative strategiesAuthoritative BodyThey could create an authoritative body to regulate the commonsHowever, this strategy can be successful only if the body is interested in to preserve the commons, not in protecting the interest of the powerful sheep owner.Q. Who? How? Alternative strategies2) To privatize, assigning property rights in the commons to individuals. Individuals have incentives to care for their own property, so they try to preserve their land in the best condition.Q. Who decided gets What and How? Only rich people?Why is it so difficult to balance?There are many multiple actors are involved ; Governments, MNCs, IGOs, NGOs..Difficult to divide the commons.Market VS Environmentnarrow the gap, concept of “Sustainable develop-ment” has emerged.

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The protection of global resources is controversial because the development of an advanced industrial society involves the exploitation of natural resources to produce goods and services for world market.

-So, how can we balance the resource needs of industrial society with the natural environment?

This parable shows how many individuals each acting rationally, can destroy the very resources that sustain them all.

Authoritative Body

They could create an authoritative body to regulate the commons
However, this strategy can be successful only if the body is interested in to preserve the commons, not in protecting the interest of the powerful sheep owner.
Q. Who? How?

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