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[PEN-L:29917] Re: RE: Re: over-fishing



RE: [PEN-L:29913] Re: over-fishing
----- Original Message -----
From: Devine, James



I wrote:>> It's pretty basic economics that the existence of so-called "common-property
resources" such as fish leads to over-fishing, the depletion of stocks. (For these CPRs,
there is no  way to define individual property rights unless some  capitalist monopolizes
the ocean, so they are "common property.")<<

Ian writes: > The overwhelming number of fish stocks of the sea are non-property rather
than "cpr". They are in a Lockean SON as far as international law is concerned. Would that
we could get some common property regimes going to ameliorate a disaster. The concept of
private property has no inherent "efficiency" advantages on the scale of such large -and
mobile- ecosystems.<

>>
I thought I said that. Oceanic fish are officially treated as the world's common property,



=================

Non-property is not the same as common property.

Ian


>>

It's not the Lockean "state of nature," since he assumed that in that "state," people
would respect others' life, liberty, and property. It's more like his "state of war" (or
Hobbes' state of nature).
JD
=================

Not the people, the resources........The *appropriation* from the Lockean SON is the
conversion of non-property into either common property or private property.

Ian




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