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Elinor Ostrom, writing about some foundational assumptions of #neoliberal #economics. (Applying the tragedy of the commons, prisoner's dilemma, etc. to macroeconomics)

No, #privatization is not the solution to prevent degradation of common pool resources. Obviously.

But our politicians, education, and media corporations continue to listen to and perpetuate the bullshit of conservative think tanks and their so-called "experts", instead of actual economists.

Also, a previous post from @pluralistic comes to mind.

https://pluralistic.net/2023/05/04/analytical-democratic-theory

#politics #economy #ostrom