The history of Capitalism

THE common narrative of Capitalism is that it is just part of the natural order of humanity, that hurdles like feudalism needed to swept away for Capitalism to emerge and bring freedom to all. Even Karl Marx thought that Capitalism was a great leap forward and, potentially at least, the release of human potential. If …

Back to the commons!

FOR more than 50 years the idea of commonly owned land has been blighted by Garret Hardin in his hugely influential article The Tragedy of the Commons. Hardin claimed that environmental disaster would ensue if land was in common ownership as the the population grew because he assumed that individuals would only think of their …