... the whole point of this article is for TW to be able to go "Nar nar ne-nar, nar! Told you so!!!"?
Possibly followed with an implication that, because *this* example has worked so well, we shouldn't to *anything* to try to alleviate poverty since the Free Market will do that so well for itself.
Of course there's the small matter that that article was from 2007.
Here's a quote from one written in 2012 Problems plaguing Kerala's once-thriving fishing industry:
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"The state's fish production has fallen by 40,000 tonnes over the past nine years, though the volume of fish caught by mechanised trawlers has doubled to more than 2 lakh tonnes in 20 years, data from the state's Directorate of Fisheries shows. Traditional fishing fell nearly 60% during the period.
"The state has imposed a ban on trawling during the monsoon, but it seldom takes action on illegal trawlers,'' says Peter. "Often, we are out in the deep sea for days on single-engine-driven boats,'' says Arumugam, a fisherman. He says Kerala fishermen sometimes go as far as the Gujarat coast, and even towards the Gulf, looking for a good catch.
Kurup notes, "There has been an 80% decline in cat fish and black fish alone.'' He notes that bottom trawlers throw non-commercial fish and planktons back into the sea. "The seabed over the years will be filled with this garbage," he warns. The tropical Arabian coast is still home to at least 200 species of fish compared with Pacific and Atlantic coasts which have far less diversity.
"We need to device our own marine management systems and support the livelihood of traditional fishermen in the country,'' says Deepak Apte, deputy director of Bombay Natural History Society. Until then, for people like Johnson, casting the net is a game of dice.
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In other words the Free Market has also created conditions whereby those fishermen who had benefitted from what TW describes, now find themselves unable to make a living because big, commercial operators have moved in, over-fished the area and screwed up the eco-system.
Again, I ask: Cui bono?