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Arquivo para August 27th, 2019

Economy, common good and governance

27 Aug

Theories of value (or values, perhaps more accurately) have always been linked to the economic, the expression is strange to the Brazilian, but in Portugal if used in daily life “is more value”, meaning an increase of value,
This is different from the Marxist sense of value added to the profit-making product, which means extracting profit by giving the final value of a produced commodity the sum of the means of production plus the value of labor from which part of the profit is taken.
But a set of social and moral values can have a meaning much more linked to conscience than to the value paid or even considered by a sum of the product, plus the value of human labor and the means used for its production, there is a set of values that add to the “common good”, the “commons” as Elinor Ostrom, Nobel Prize winner in Economics called it.
This is important because it involves the current controversy over the Amazon, which Dr. Ostrom criticized was the fact that there is growing concern, she has already passed away 2012, was that there was a false impression that here it was a “commons governance” as the case of natural resources could not be governed as a “common good” because it would be a failure.
She criticized the foundations of the political analysis of what was called, there was a written text about it, like “Tragedy of the commons”, ie what is governed by all is always unsuccessful because it is nobody’s, so no value some.
The governance of natural resources used by many individuals in common is a matter of social nature and cannot be treated as a private or even public good in the sense of state control, she gathered a body of empirical data to demonstrate her thesis.
Unfortunately the excessive politicization of the Amazon issue, the vested interests that are not to see these natural resources as commons, has made the issue even more difficult.
Elinor, the first Nobel laureate in economics, has not been read or understood, and the “tragedy of commons” still reign in official speeches, as the economic interest behind discourses of all shades does not allow for a serene discussion of the issue.
What is certain is that water, air and nature itself cannot and should not be thought of with all that is available for the advancement of the economy, for it is a common good of humanity.
It would be good for a serene rereading of Elinor Ostrom, the governance of commons is important.
The following video explains in a simple way what commons are: