What Happens When Everything Becomes a Memecoin?
The Tragedy of the Commons, Redux In economics, the "tragedy of the commons" describes shared resources—farmland, fisheries, clean air—being overexploited to collapse. Today, we face a modern version: the erosion of social, cognitive, economic, and informational commons:Social commons: Trust, relationships, community.Cognitive commons: Curiosity, education, critical thinking.Economic commons: Stable markets, shared prosperity, institutional trust.Informational commons: Language, reality, basi...