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Libertarians and classical liberals often cite the tragedy of the commons as an example of what happens when Lockean property rights to homestead resources are prohibited by a government.  These people argue that the solution to the tragedy of the commons is to allow individuals to take over the property rights of a resource, that is, privatizing it.  In 1940 Ludwig von Mises wrote concerning the problem:
If land is not owned by anybody, although legal formalism may call it public property, it is used without any regard to the disadvantages resulting. Those who are in a position to appropriate to themselves the returns — lumber and game of the forests, fish of the water areas, and mineral deposits of the subsoil — do not bother about the later effects of their mode of exploitation. For them, erosion of the soil, depletion of the exhaustible resources and other impairments of the future utilization are external costs not entering into their calculation of input and output. They cut down trees without any regard for fresh shoots or reforestation. In hunting and fishing, they do not shrink from methods preventing the repopulation of the hunting and fishing grounds. 
An objection to the privatization approach is that many commons (such as the ozone layer or global fish populations) would be extremely difficult or impossible to privatize.
"Magna Carta Libertatum (Medieval Latin for "Great Charter of Freedoms"), commonly called Magna Carta (also Magna Charta; "Great Charter"), is a charter of rights agreed to by King John of England at Runnymede, near Windsor, on 15 June 1215."
Some observations made circa 1680.
Dangerous times today eh? it been going on for a while ... Wake Up!