Our Common Resources |
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The ways in which ownership and property rights are currently conceptualised and rules and regulations accepted by the majority affects the ways in which wealth is distributed within society. However, the way in which some of these rules and regulations are put into practice produces some contradictions that produce inequalities and injustices in the distribution of wealth that more rightly should be avoided. A simple notion of common resources is that it includes those things that we are all entitled to use; it could also incorporate things that we all contribute towards producing. Hence air is a common resource, but so too are public roads.A number of goods and services are provided for by government for which most people contribute to the cost of production through taxation. These common resources can significantly effect the value of land.
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