I’ve actually run a computer model for this exact problem (overfishing in general, not tuna in particular).
The problem with a market based solution is that the feedback loop is too delayed. By the time the catches start to drop enough to affect prices, you’re already driven the ecosystem to the point of collapse. The same is true for many natural resources and systemic effects like climate change. And all of the market dynamics that come into play push the players to maximize resource extraction/profits in the short term. That’s why we need to limit harvests and pollution via taxes and other regulations. It’s not a problem that a market can solve - it’s a problem that a market creates.
That’s really cool! I wish I had more time to respond but it’s late. I wasn’t arguing that it’s a good way to fix things, it’s really a last ditch effort. There’s a reason regulations exist and should continue to exist (part of my many issues with the right-wing politics in the USA if not elsewhere… but that’s off topic).
That’s some really interesting insight into the issue at hand though, thank you!
I’ve actually run a computer model for this exact problem (overfishing in general, not tuna in particular).
The problem with a market based solution is that the feedback loop is too delayed. By the time the catches start to drop enough to affect prices, you’re already driven the ecosystem to the point of collapse. The same is true for many natural resources and systemic effects like climate change. And all of the market dynamics that come into play push the players to maximize resource extraction/profits in the short term. That’s why we need to limit harvests and pollution via taxes and other regulations. It’s not a problem that a market can solve - it’s a problem that a market creates.
That’s really cool! I wish I had more time to respond but it’s late. I wasn’t arguing that it’s a good way to fix things, it’s really a last ditch effort. There’s a reason regulations exist and should continue to exist (part of my many issues with the right-wing politics in the USA if not elsewhere… but that’s off topic).
That’s some really interesting insight into the issue at hand though, thank you!
Lemmy is neat :)