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Have you seen Elinor Ostrom's work[1]? She gives the conditions under which commons resource sharing works. Globalized fishing doesn't meet them. I believe she
by guerrilla 6y ago
Have you seen Elinor Ostrom's work[1]? She gives the conditions under which commons resource sharing works. Globalized fishing doesn't meet them. I believe she was the first woman to win a Nobel Prizein economics too.
[1] https://en.m.wikipedia.org/wiki/Elinor_Ostrom https://en.m.wikipedia.org/wiki/Elinor_Ostrom
- jbay808 6y agoWhat would her recommendation be?
- guerrilla 6y agoI can't say with confidence but I suspect using government to artificially create the conditions.
- simonh 6y agoIt turns it into a self regulated market. For example one of the principles is that the self regulation of the participants must be recognised as autonomous by higher authorities. The basic principle is that it makes the long term health and viability of the resource in the interests of those exploiting it, by putting the ability to effectively manage the resource long term in their hands.
- petre 6y agoInstitutional agreements. Like the UN and the WHO but for fishing. That'd probably work when there's no more fish in the sea.
- MaxBarraclough 6y agoBetter link: https://en.wikipedia.org/wiki/Elinor_Ostrom#Design_principles_for_Common_Pool_Resource_(CPR)_institution https://en.wikipedia.org/wiki/Elinor_Ostrom#Design_principle...