A classic example of a common good are fish stocks in international waters; no one is excluded from fishing, but as people withdraw fish without limits being imposed the stocks for later fishermen are potentially depleted. (Wikipedia: Common good).
Genus: Value Differentia: Of value to a group Comment: A group is only a collection of individuals and as such, can not value anything apart from what individuals in that group individually value "Common Good" is a fallacious concept based on the premise of collectivism
"Common good" refers to some program or action that is of benefit to society as a whole Laws to set up parks, public schools, and public libraries are passed to promote the common good
- involves individual citizens having the commitment and motivation (that they accept as their obligation) to promote the welfare of the community and to work together with other members for the greater benefit of all
Freely accessible good for which there is strong competition between users This is the case with fishery resources, certain forest areas and certain grazing rights Competition to exploit the resource may lead to it becoming exhausted