The tragedy of commons is an example at Fifth Discipline by Peter Senge and by Fr. Jett Villarin, president of Ateneo at the Green Innovation held by AGSB last Dec 4 and 5, 2012.
The tragedy of commons is traced back to the graze land in Sahel South Africa way back in the l920s up to 1970 which saw steady growth in cattle population (wilderbeast?) There was unusual growth due to rainfall land new wells form intl aid organization in l965. And because of this, there was overgrazing. This started in the l960s which saw foliage being consumed by a large herd and inability to the graze land to grow fast enough. There was a series of drought that struck in the l960s and l970s
In the early 1970s, up to 80% of the herd was dead; and the once prosperous cattle ranchers was poor.
What do we do with free commons: air, sea, wind, water, trees
The precious commodities: oil, minerals, fish food, livestock?
Will there be enough for all in the future?
Will tragedy strike us all?
Peter Senge on system dynamics (tragedy of commons) vs localness
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