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skipper began to diminish, overcome by the discourse of marine biologists, politicians

                   and state bureaucrats (Pálsson 1991, p. 133). In this period quota were introduced as a


                   way to limit the quantity of fish that a fishery could catch. Pálsson suggests that the


                   unintended consequence of the quota system has been the dumping of species that do

                   not fit the quota conditions (Pálsson 1991, p. 138). In addition, the main version of the

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                   quota, the ITQ  has led to the privatisation and commodification of the commons and

                   is  a  clear  indication  of  a  market  logic  applied  to  sustainable  resource  use  (Pálsson

                   1998, p. 276). During these transformations a new environmental ordering emerged


                   that informs contemporary marine management. Even though these last two phases

                   are  particular  accounts  of  changes  in  Iceland,  these  phases  can  be  seen  in


                   transformations of fishery management globally.

                                                    th
                          The  latter  part  of  the  20   century  has  seen  the  appearance  of  terms  like
                   “sustainable  fishery”,  “sustainable  standards”  (Greenpeace  2010),  “sustainable


                   fishing” and “sustainable seafood market” (MSC n.d.), “maximum sustainable yield”

                   and “sustainable management of fisheries” (FAO 1995, pp. 9-12), and “sustainable


                   sourcing” (Coles n.d.). These terms have become part of popular vocabulary and are

                   used  across  a  range  of  institutions  from  FAO,  Greenpeace,  government  bodies,


                   through  to  supermarkets  such  as  Coles.  For  the  time  being  I  would  like  to  situate

                   sustainability  and  its  practices,  as  an  extension  of  Pálsson’s  final  phase  where  he


                   identifies that marine biology and conservation institutions along with local, national

                   and  transnational  government  are  positioned  as  the  authorities  and  stewards  of  the


                   oceans.  In  addition,  however,  the  consumer  steps  in  as  a  steward  through  their

                   perceived buying power and responsibility: a buying power that of course operates

                   within  a  capitalist  framework.  As  explained  through  Pálsson’s  final  phase,  the


                   institutional  authorities  as  well  as  a  capitalist  framework,  develops  the  terms  of




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