Here is a quotation from The Royal Society's recently published report People and the planet.
'The problem of resource allocation is often referred to as the tragedy of the commons, but that phrase can be taken to mean that by just dividing up the
commons into separately owned lots all will be well.
Sometimes that is the case, but some commons are valuable as commons (for example human knowledge), and parts are impossible to divide up (for example the atmosphere). Regulation of the many commons that concern all humanity must
be achieved by high level negotiations that do not fall back exclusively on appeals to “my nation’s interests”.
Beyond the very short term, the real interests of nations lie in solving global problems
in an equitable fashion, not just in each struggling to stay ahead. Implementation requires farsighted leaders'.
Very close to the definition of resource based economy.
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