Banking on Wealth? by Menakhem-Ben Yami

June 2, 2014 International News, National

Current trends in Western fisheries economics, as exemplified by the position of the World Bank, religiously promote free markets for fishing rights During the last decade, the World Bank (WB) has been showing an increasing interest in world fisheries. In 2005, the WB, along with key donors and stakeholders, created the Global Program on Fisheries (GPO-PROFISH) and in 2009, to amplify its work in fisheries, another global partnership with the fishing industry, the Alliance for Responsible Fisheries (ALLFISH). Read more here 13:37

Alliance for Responsible Fisheries (ALLFISH)., Banking on Wealth?, Catch Shares, euphemisms for privatization, Fisheries governance arrangements, free markets for fishing rights, Global Program on Fisheries (GPO-PROFISH), increasing interest in world fisheries, individual transferable quotas (ITQs), ITQ systems favour the wealthier, Menakhem Ben-Yami, Western fisheries economics, World Bank, “MB-Y’s Allocation Principle”:

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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