The Market, Marx and Sustainability in a Fishery
Article first published online: 3 MAR 2004
Volume 36, Issue 1, pages 66–85, January 2004
How to Cite
Bradshaw, M. (2004), The Market, Marx and Sustainability in a Fishery. Antipode, 36: 66–85. doi: 10.1111/j.1467-8330.2004.00382.x
- Issue published online: 3 MAR 2004
- Article first published online: 3 MAR 2004
A management system of individual transferable quotas was introduced in the Tasmanian commercial rock lobster fishery in 1998. The market for quota units has since become increasingly capitalised. Fishers without substantial wealth find it difficult to participate in this market. Instead, investors purchase quota units. Consequently, fishery managers are somewhat disillusioned with the hidden hand of the market and are seeking a different way to conceptualise what is happening in the fishery. Marx's writings on the hidden abode of production suggest one such way. I bring Marx's work together with quota management and the views of participants as an alternative way of framing these changes in the fishery.