Management of Common Pool Resources
Political science professor Elinor Ostrom showed that common-pool resources, such as water supplies or fish, can be effectively managed collectively without government or private control.
But this is only possible if those using the resource are physically close to it and have a relationship with each other. They will self-police to ensure community rules are followed.
"I always say, 'People first, then money, then things.'" ~ Suze Orman
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