Don Knots was the idiot behind there CS. This is such a huge mistake, it has cut the commercial fishing businesses here in the gulf by 50%, including mine. You people need to get your heads out of your azz, because your lack of experience in this matter is breaking families all over the world, again including mine.
sorry forgot to add that the "law of the commons" has been re-examined through Nobel Laureate, Elinor Ostrom's work on the commons, and it doesn't in all cases support individual property rights
if the problem of exhausting ocean resources is GLOBAL....how do you expect to solve the problem when over 2/3 of the world doesn't have a recognizable property rights system?
This is called, "The law of the Commons" and is a sound economic theory. Treating the ocean like a common grazing land removes the incentive for sound management of the resource. Ownership of the resource brings with it a desire to manage the resource in such a way as to ensure a livelihood for future years and future harvests.
In Atlantic Canada a 400 year old economic system of successful local small entrepreneur fishermen was eradicated. Groundfish and scallops in the ocean now owned by a few investors.
With Catch Shares the same is happening in New England.
Watch "Fisheries Management Disaster parts 1 and 2 of 2".
In Atlantic Canada a 400 year old economic system of successful local small entrepreneur fishermen was eradicated. Groundfish and scallops in the ocean now owned by a few investors.
With Catch Shares the same is happening in New England.
Catch Shares steal a public owned resource and give it to a few investors.
Fishermen become miserable wage share croppers for Wall Street profiteers.
Local family businesses are replaced by alien mobile capital investment. Profits that used to stay in the communities go to investors.
Go ask the boots on deck fishermen in Lunnenburg, New Bedford or Reykjavik. Catch Shares enrich Investors with the sweat of Working fishermen and the ruin of small family boat businesses.
Don Knots was the idiot behind there CS. This is such a huge mistake, it has cut the commercial fishing businesses here in the gulf by 50%, including mine. You people need to get your heads out of your azz, because your lack of experience in this matter is breaking families all over the world, again including mine.
Fintasticinc1 1 week ago
sorry forgot to add that the "law of the commons" has been re-examined through Nobel Laureate, Elinor Ostrom's work on the commons, and it doesn't in all cases support individual property rights
meritree 9 months ago
if the problem of exhausting ocean resources is GLOBAL....how do you expect to solve the problem when over 2/3 of the world doesn't have a recognizable property rights system?
meritree 9 months ago
This is called, "The law of the Commons" and is a sound economic theory. Treating the ocean like a common grazing land removes the incentive for sound management of the resource. Ownership of the resource brings with it a desire to manage the resource in such a way as to ensure a livelihood for future years and future harvests.
refrodnesserd 9 months ago 5
In Atlantic Canada a 400 year old economic system of successful local small entrepreneur fishermen was eradicated. Groundfish and scallops in the ocean now owned by a few investors.
With Catch Shares the same is happening in New England.
Watch "Fisheries Management Disaster parts 1 and 2 of 2".
es2dante 10 months ago
In Atlantic Canada a 400 year old economic system of successful local small entrepreneur fishermen was eradicated. Groundfish and scallops in the ocean now owned by a few investors.
With Catch Shares the same is happening in New England.
es2dante 10 months ago
This is pure FICTION.
Catch Shares steal a public owned resource and give it to a few investors.
Fishermen become miserable wage share croppers for Wall Street profiteers.
Local family businesses are replaced by alien mobile capital investment. Profits that used to stay in the communities go to investors.
Go ask the boots on deck fishermen in Lunnenburg, New Bedford or Reykjavik. Catch Shares enrich Investors with the sweat of Working fishermen and the ruin of small family boat businesses.
es2dante 10 months ago