> We have to privatize the oceans fisheries. It is imperative. It has to happen now. It has to happen yesterday. Fish stocks are collapsing. Fish stocks have collapsed.
How does that help non-crop fish? They don't have direct economic value to the private fishing company.
What happens when the private fishery comes to the conclusion that it is a lost cause, so their best interest is to fish as fast as possible?
Both of those premises are wrong. Privatizing policy and enforcement means there wouldn't be any reason to try to work on policing non-edible/non-profitable fish. It's a half-measure the would ensure no further progress.
Secondly, blessing "fish as fast as possible" as being within the rules, makes it an acceptable practice. It's the same way the clean water act protects polluters as long as they are within the acceptable limits. It doesn't matter if the acceptable limits still cause damage -- they are protected.
Finally, I'm not sure how private industry could enforce their policies in their section of the sea. Property right enforcement is one activity that even most libertarians believe the gov't needs to carry out. Some people state that is the only thing gov't should provide.
How does that help non-crop fish? They don't have direct economic value to the private fishing company.
What happens when the private fishery comes to the conclusion that it is a lost cause, so their best interest is to fish as fast as possible?