Three Core Elements of Sustainability

The three pillars of sustainability, namely social, economic and environmental sustainability are the bedrock upon which sustainable development stands. These intertwined pillars provide a framework for addressing complex issues such as fisheries management using a solutions-oriented approach. 

In many organizations, institutions and government agencies including the United Nations (UN) and the U.S. Environmental Protection Agency, these three pillars form the backbone of their operations. The concept of these "three pillars" has been widely adopted since its inception in academic literature through critiques on economics, environment and society. 

Social Sustainability 

At its core, social sustainability encompasses elements like environmental justice, human health, resource security and education among others. It aims to foster both economic benefits as well as promote environmental conservation while creating socially equitable conditions within societies. 

Businesses can achieve this by prioritizing employee retention over financial gain thus improving worker motivation whilst simultaneously increasing productivity levels thereby generating economic benefits. Social sustainability also extends to dietary choices that have significant impact on human health alongside fostering an environmentally friendly culture promoting healthier eating habits consequently benefiting our environment too. 

Economic Sustainability 

This pillar emphasizes job creation profitability along with proper accounting of ecosystem services for optimal cost-benefit analyses. Research indicates high employment rates improve people's social wellbeing via providing them with resource security therefore contributing towards social sustainability goals. 

However, current gig economy trends often undermine efforts towards achieving both socio-economic stability since workers contribute substantially towards companies' economic gains without receiving comparable benefits in return i.e., typical employment-related safety nets. 

Organizations can enhance their commitment to being economically viable by adopting environmentally sustainable practices like recycling valuable materials such electronic waste or textile scraps reducing operating costs whilst minimizing intensive natural resource extraction processes required for business sustainment purposes. 

Environmental Sustainability 

Environmental sustainability is concerned primarily with preserving nature’s balance focusing on aspects like water quality, air purity reduction, greenhouse gas emissions amongst other stressors affecting our biosphere negatively impacting human health due to poor living environments, hence establishing strong links between public health and environmental conditions. 

Companies depend heavily on natural resources for their economic sustainability. Ensuring these resources are extracted at a sustainable rate guarantees continued resource availability thereby contributing towards the overall goal of economic sustainability. 

Commercial Fishing 

A common critique within the commercial fishing industry is that its short-term economic gains often come at the cost of long-term social and environmental destruction due to overfishing practices depleting marine resources rapidly negatively impacting both environment as well as communities depending on such resources for survival. 

However, a recent study argues there’s potential for complementarity amongst all three pillars within this context provided trade-offs between short term profits versus longer term socio-environmental damages can be minimized via appropriate regulatory measures ensuring sustainable fishing practices like establishing harvest rights through catch shares cooperatives or territorial use rights fisheries (TURFs). 

United Nations' Approach 

The United Nations applies the concept of these three pillars in its developmental initiatives which currently include 17 sustainable development goals. Despite criticisms regarding oversimplification rendering some goals impractical or meaningless, public perception indicates relative success in achieving balanced representation across all three pillars by the UN's current agenda. 

In conclusion, true sustainability requires harmonious balance amongst social, economic and environmental dimensions. Achieving this balance requires innovative strategies prioritizing long term benefits above short term gains thus fostering an equitable world where progress does not compromise future generations' ability to meet their needs.