Yes, it’s history. And also our best hope for the future
Both the idea and the reality of the commons have been declining since at least the 18th century. Why now, at the beginning of the 21st century, should we struggle to revive them? What purpose do they serve in a modern, urban society?
The simple answer is that we have to.
Despite the many benefits it brings us, the market operates like a runaway truck. It has no internal mechanism telling it when to stop—stop depleting the commons that sustain it.