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Tragedy of the anti-commons is the opposite of tragedy of the commons - it's when too many owners create grid-lock, nothing can get accomplished. It exists everywhere from copyright law, tech patents, music industry, airport runway expansion,
medicine, etc.. it is pervasive across all aspects of modern capitalist societies. The concept was coined by Professor Michael Heller who published a book in 2008 called
The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives. In an excellent
Authors@Google video, Michael Heller explains what it is and how it undermines capitalism, in particular over the past 30 years with increased privatization.
posted by stbalbach
on Feb 10, 2009 -
55 comments
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