alt Hacker News> Also, the tragedy of the commons concept is far older than 1968. The term "common" refers to common grazing land upon which anyone could graze animals. That's an English term. The American equivalent is "open range".
The term is not "common" or "commons" but "tragedy of the commons" which dates back to a book in 1968 by Garrett Hardin. Elinor Ostrom subsequently showed that most or all of Hardin's assumptions and claims were wrong, or at the very least, far from universal, and that the process he describes elides what actually drives the destructions of resources held in common: greed and power.
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.. presumably hyper-inequality also erodes the use of common resources, or resources available to commoners ?
eg. large companies ( 'hyperscalars' ) pre-ordering RAM and GPUs driving up the prices to the point where PC gamers and AI enthusiasts cant upgrade.
I think you might be thinking about Elinor Ostrom and she didn't show that his assumptions and claims were wrong exactly. She expanded on the work to clarify the difference between managed vs unmanaged commons. Showing that successful commons are managed in some way with established rules and limits around the usage. The term still has use especially if it is used to clarify the need for management of common resources to avoid the tragedy.