Garrett Hardin's 1968 paper "Tragedy of the Commons" argues that individuals acting in their own self-interest will ultimately deplete a shared limited resource. He uses a pasture analogy to show that while an individual benefits from adding more cattle to the pasture, it is detrimental to the common good. Hardin asserts that this problem has no technical solution and requires a fundamental change in morality. The paper discusses other examples like the prisoner's dilemma, Easter Island's deforestation, and approaches to managing shared resources through community norms, government regulations, and market mechanisms. Critics argue alternative perspectives and solutions around the concept of the tragedy of the commons.