The, often corrupt, sell off of community assets feels like a constant in human society.

From government kickbacks from oil companies down to community sporting clubs there is a tragic phenomena where if you have corrupt individuals in charge at a single point in time then there is a chance for an irreversible loss of a public good.

Here's a link about a community club in Australia where one of the directors ended up owning the clubs assets after some bad decision [0].

[0] - https://www.michaelwest.com.au/a-barilaro-affair-how-the-bar...