CATCH SHARES – NOT A VIABLE OPTION FOR THE NORTHEAST

Theoretical constructs that might hold together logically and appear sound often quickly disintegrate in the atmosphere outside their esoteric bubble. This was certainly the case for catch shares or transferable quota management in the New England groundfishery. Catch shares in New England disintegrated almost upon entry. What are catch shares and where did they come from? Catch shares or the commoditization of the fish poundage to be caught, or the ownership of the “right” to harvest a certain portion of the government managers’ scientifically sanctioned total yearly catch, is a construct of “free market environmentalism” theory. The “enviropreneurs” or “enviro-capitalists” claim that ownership equals good stewardship, equals profitability. This privatization push is actually an idea of economics, claiming production “efficiency”, and not one of fishery conservation—although the sales pitch promotes this scheme as the answer to “overfishing”, and just in the nick of time. Click here to read the article 14:58

  • Ec Newell Man

    An outstanding piece that should be read by “everyone.” I doubt I have read a more concise explanation on this topic….

    • Borehead

      Every time Dick writes, he is thorough and precise. He has other great articles posted here, and they can be accessed through the drop menu under Featured Writers on the blue header bar. Knowing your writing Ec,, you are also excellent at the craft.