It's mainly the high-end luxury market now that drives much of the fishing in the sea. It's not feeding the starving millions. It's feeding a luxury market.
Sentiment: NEGATIVE
Sustainable fishing is a fraud. It's a marketing term that really means 'business as usual.'
The crisis of the fisheries is similar to our economy. This is not one fishery failing, but the whole system.
If you want to maintain a sustainable supply of fish you have to farm the fish, rather than mine them. So putting your money into fishing fleets that are going to exacerbate the problem by over-fishing is not the way to preserve the underlying asset.
80 percent of our global fish stocks are fully exploited, overly exploited or have collapsed. Two billion people rely on the oceans for their primary source of protein.
One fifth of human kind depend on fish to live. Today now 70 percent of the fish stock are over-exploited. According to FAO if we don't change our system of fishing the main sea resources will be gone in 2050. We don't want to believe what we know.
Seventy percent of the fish we eat is black market, fished in violation of international laws. Our ignorance makes us unwilling partners in crime. Rogue economics is turning the global market into our worst nightmare.
In the Java Sea in Indonesia, I have seen fishers going out in the morning, six of them going out and coming back with five pounds of fish. That is the end point, a pound of fish per person per day to sell for rice. That's where fisheries go if you let it happen. That's where it stabilizes. These people cannot feed their families.
I recognise that fishing is perhaps not the most high-employment industry in this country, but it's a symbol of what we lost when we entered the E.U.: control over national resources that, if we retained them, we could have husbanded in our interest and, indeed, in the interest of others.
The boom for luxury goods is unending. There are people who never have to worry about whether they can afford something they like. In one part of the world or another there will always be someone with money to spend on luxury.
There is no need for an end to fish, or to fishing for that matter. But there is an urgent need for governments to free themselves from the fishing-industrial complex and its Ponzi scheme, to stop subsidizing the fishing-industrial complex and awarding it fishing rights, when it should in fact pay for the privilege to fish.
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