Nature, economics, property and commons. Subversive notes inspired by Elinor Ostrom

Abstract

Nature-economy relations also are the result of economics' concepts, ideas and paradigms. Heterodox economic views and paradigms are urgently needed to foster shifts towards the planet's future sustainability paths. Elinor Ostrom, 2009 Nobel economics laureate, stands as one of the authors whose long neglected views are most inspiring in subverting mainstream paradigms on property regimes and natural resource management. Challenging the tragedy of the commons orthodoxy, she shows humans are able to escape the prisoner's dilemma, as well as the public vs private property, and state vs market modern dichotomy in natural resources' management models, by recognizing common property as a third option, and re-inventing the commons as indeed diverse and resilient institutions to foster more sustainable economy-nature relations. Brazil's indigenous territories are cited as a living example of commons' sustainability, although increasingly threatened by economic growth.