Tony Pease's definitions
When a finite resource is exploited by one and all, with the rationale that if I don't exploit it my brother will. The end result is the exhaustion of that resource. i.e. hoarding.
The massacre of the buffalo in America by early settlers for sheer sport, was a completely unneccessary tragedy of the commons.
by Tony Pease August 28, 2003
Get the tragedy of the commonsmug.