Within neoliberal thought itself there is a recognized danger of too much property.

Evidence

MPS president and Bank of Sweden Prize winner James M. Buchanan suggested that expansion of patents on basic scientific research, for example, could lead to a “tragedy of the anti-commons”—where too many competing property claims impeded efficiency and innovation. As scholars point out, there is the danger, even from a utility-maximizing perspective, of “too much property.” — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 175

Categorization

  • XREF: The ‘tragedy of the anti-commons’ recognized by an MPS president straightly contradicts the blanket ‘neoliberals want maximal privatization’ caricature. — connects to: Neoliberal thinkers warned that excessive privatization could itself block innovation. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 175; Excessive property rights can block beneficial use rather than enable it — , The Braided Reading EPUB: 5-Year…, 2284; Securing competitive order sometimes led neoliberals to oppose property rights in ideas — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 166
  • SHARE: Worth sending to anyone working on IP economics or commons governance — Buchanan endorsing an anti-commons problem is a nice specific detail.

Broader Connections