Elinor Ostrom or the Revolution of the Commons (2019) (original) (raw)

Elinor Ostrom's thesis challenges dominant economic models by demonstrating that communities can sustainably manage common-pool resources (CPR) without resorting to state control or privatization. The paper reviews historical economic perspectives on resource governance and introduces Ostrom's significant contributions, including a redefined understanding of the commons, design principles for effective CPR management, and insights into institutional change dynamics. It concludes with a discussion of contemporary criticisms of her work.