- Capitalism and Alternatives -

It's a funny thing, reality

Posted by: Loudon Head on February 03, 19100 at 10:53:42:

In Reply to: Georges Bank Fishery was run into the ground by overfishing by PRIVATE fishermen. posted by Nikhil Jaikumar on February 02, 19100 at 15:03:23:

: : There's nothing profitable, either in the short-term or the long-term, in poisoning a water hole IN a free market.

: What nonsense. I suppose there's nothing 'profitable' in commiting genocide either. But that didn't stop Belgian capitalists from killing ten million Congolese, did it? Nor did it stop businessmen, rachenrs and rubber companies from killing off 84% of the Brazilian Indians.

Hmm. Congo, a free market? Brazil, a free market? Maybe you should go study some economics.

: Georges Bank Fishery was run into the ground by overfishing by PRIVATE fishermen. Which would explain why cod's suddenly become so expensive. The same thing is happening today with the swordfish. One thing's for certain, leave a resource open to private capitalist exploitation, and it'sll be gone in the blink of an eye.

I don't know of this particular case, so please point me in the direction of more info. I can't wait to find out the ways in which the fish market was not free from government intervention and distortion.

Not that that kind of evidence would convince an ideologue like yourself. But, there's always hope...

: : A publicly-owned water-hole, on the other hand, since it belongs to everybody, belongs to nobody and therefore can often be poisoned without recriminations.

: Yes, so that would explain why those societies which lived in a sustainable manner with their envoronment (Pygmies, San, etc) invariably showed COMMUNAL ownership and usage of the land.

No one is saying that a relatively small community can't manage a resource AS a community. That is what corporations do when they privately own and manage a resource. Essentially, the Pygmies were acting as a corporation which privately owned and used the land.

: :If the market in water-holes were free, rather than constrained by social government ownership of the water-holes, they would be privately owned and better taken care of.

: Fantasy, illusion, nonsense.

...and yet, supported by all the facts of history and economics. Funny, that.

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