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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Raymond Duray who wrote (14463)2/5/2002 10:48:09 AM
From: AC Flyer  Read Replies (3) of 74559
 
Ray:

It's not really possible to "destroy" an ocean fishery, as you put it. It certainly is possible to overfish it to the point where it is no longer commercially viable. This particular environmental problem is self-correcting in this way. Leave a fishery alone and in 5 to ten years you'll be tripping over the fish again.

One of the great things about the "more" culture is that it allows those among us who choose happiness over more to achieve happiness more easily, if you see what I mean. A more prosaic statement of this idea is that you can not solve environmental problems without first achieving a certain (high) level of economic development. You gotta have a lot of dough as a society before you can make the choice to spend billions on clean air, clean water, subsidizing the incomes of commercial fisherman whose fisheries are temporarily closed, etc.

Malthus has been proven wrong. The planet is capable of feeding a vast population of homo sapiens. The cumulative effect of a century of productivity has made all stuff incredibly cheap. Procuring a days supply of food reliably takes less than an hour of labor for the average American (I'm not talking about the trip to the supermarket, I'm talking about $10 of food for a $15 an hour worker). The population growth problems now are in those countries that are economically undeveloped. The first world has or will soon have - with the exception of the US - declining population.
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