Any problem with externalized costs or benefits is a collective action problem. You get a benefit everyone pays for or you incur a cost which everyone pays. The individual incentive is to freeload on the resources of others. It is functionally theft.
Regulation and other government actions can solve these problems by internalizing these costs/benefits. Any solution to these problems involves collective control of individual actions, which is to say, government at some scale.
There is some irony in the people who say "taxation is theft" ignoring the theft of the commons counteracted by taxation and the government services it supports.
Regulation and other government actions can solve these problems by internalizing these costs/benefits. Any solution to these problems involves collective control of individual actions, which is to say, government at some scale.
There is some irony in the people who say "taxation is theft" ignoring the theft of the commons counteracted by taxation and the government services it supports.