As the era of thriving, small-scale fishing communities continues to wane across waters that once teamed with (a way of) life, Fiona McCormack opens a window into contemporary fisheries quota systems, laying bare how neoliberalism has entangled itself in our approach to environmental management.
Grounded in fieldwork in New Zealand, Iceland, Ireland and Hawaii, McCormack offers up a comparative analysis of the mechanisms driving the transformations unleashed by a new era of ocean grabbing. Exploring the processes of privatisation in ecosystem services, Private Oceans traces how value has been repositioned in the market, away from productive activities. The result? The demise of the small-scale sector, the collapse of fishing communities, cultural loss, and the emergence of a newly propertied class of producers - the armchair fisherman.
Ultimately, Private Oceans demonstrates that the deviations from the capitalist norm explored in this book offer grounds for the reimagining of both fisheries economies and broader environmental systems.
Neoliberalism, the restructuring of global capitalism that has taken place since the 1970s, has made commercial fishing vastly more profitable for corporations and large boat owners. Fish and ordinary fishers have fared much worse. Our oceans face overfishing, habitat destruction, pollution and a biodiversity crisis driven by warming water linked to climate change, while government policies exclude thousands of ordinary people from commercial fishing.
Private Oceans examines the effects of one of the main causes of this exclusion, Individual Transferable Quotas (ITQs), pioneered in the 1980s in New Zealand fisheries, and further developed in Iceland through the 1990’s and now an intrinsic part of the Common Fisheries Policies (CFP) of the European Union . Full review at, https://www.google.com/amp/s/climatea...