Ocean Privatization
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Ocean Privatization
Ocean privatization is the sale of the oceans to private individuals or companies. '' The Market for Liberty'', published in 1970, stated that "as companies drilling for off-shore oil have proved, there is no reason why a piece of land cannot be owned and used simply because it is covered by water." In proposing privatization, Walter Block stated that "there are vast areas of human existence where private property rights play no role at all: oceans, seas, rivers and other bodies of water. But why should we expect that there would be any better results from such 'water socialism' than we have experienced from socialism on land?" Murray Rothbard's ''For a New Liberty'' likewise notes, "Anyone can capture fish in the ocean, or extract its resources, but only on the run, only as hunters and gatherers. No one can farm the ocean, no one can engage in aquaculture. In this way we are deprived of the use of the immense fish and mineral resources of the seas...Even now there is a simple but e ...
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Ocean
The ocean (also the sea or the world ocean) is the body of salt water that covers approximately 70.8% of the surface of Earth and contains 97% of Earth's water. An ocean can also refer to any of the large bodies of water into which the world ocean is conventionally divided."Ocean."
''Merriam-Webster.com Dictionary'', Merriam-Webster, https://www.merriam-webster.com/dictionary/ocean. Accessed March 14, 2021.
Separate names are used to identify five different areas of the ocean: (the largest), Atlantic,
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The Tragedy Of The Commons
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Territorial Waters
The term territorial waters is sometimes used informally to refer to any area of water over which a sovereign state has jurisdiction, including internal waters, the territorial sea, the contiguous zone, the exclusive economic zone, and potentially the extended continental shelf. In a narrower sense, the term is used as a synonym for the territorial sea. Baseline Normally, the baseline from which the territorial sea is measured is the low-water line along the coast as marked on large-scale charts officially recognized by the coastal state. This is either the low-water mark closest to the shore, or alternatively it may be an unlimited distance from permanently exposed land, provided that some portion of elevations exposed at low tide but covered at high tide (like mud flats) is within of permanently exposed land. Straight baselines can alternatively be defined connecting fringing islands along a coast, across the mouths of rivers, or with certain restrictions across the mou ...
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Territorial Claims In Antarctica
Seven sovereign states – Argentina, Australia, Chile, France, New Zealand, Norway, and the United Kingdom – have made eight territorial claims in Antarctica. These countries have tended to place their Antarctic scientific observation and study facilities within their respective claimed territories; however, a number of such facilities are located outside of the area claimed by their respective countries of operation, and countries without claims such as China, India, Italy, Pakistan, Russia, South Africa ( SANAE), Ukraine, and the United States have constructed research facilities within the areas claimed by other countries. There are overlaps among the territories claimed by Argentina, Chile, and the United Kingdom. History Spanish claims According to Argentina and Chile, the Spanish Crown had claims on Antarctica. The ''capitulación'' (governorship) granted to the conquistador Pedro Sánchez de la Hoz in 1539 by the King of Spain, Charles V, explicitly included al ...
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Terra Nullius
''Terra nullius'' (, plural ''terrae nullius'') is a Latin expression meaning " nobody's land". It was a principle sometimes used in international law to justify claims that territory may be acquired by a state's occupation of it. : : : : : : There are currently three territories claimed to be ''terra nullius'', two of which caused by border disputes between sovereign states, and one caused by no sovereign state claiming the land. Doctrine In international law, ''terra nullius'' is territory which belongs to no state. Sovereignty over territory which is ''terra nullius'' can be acquired by any state by occupation. According to Oppenheimer, “‘The only territory which can be the object of occupation is that which does not already belong to another state, whether it is uninhabited, or inhabited by persons whose community is not considered to be a state; for individuals may live on as territory without forming themselves into a state proper exercising sovereignt ...
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Seasteading
Seasteading is the concept of creating permanent dwellings at sea, called seasteads, in international waters outside the territory claimed by any government. No one has yet created a structure on the high seas that has been recognized as a sovereign state. Proposed structures have included modified cruise ships, refitted oil platforms, and custom-built floating islands. Proponents say seasteads can "provide the means for rapid innovation in voluntary governance and reverse environmental damage to our oceans ... and foster entrepreneurship." Some critics fear seasteads may function more as a refuge for the wealthy to Tax evasion, avoid taxes or other obligations. While seasteading gives an impression of freedom from unwanted rules and regulations, the high seas are "some of the most tightly regulated places on Earth" despite appearing borderless and free; in particular the cruise ship industry is highly regulated. The term ''seasteading'' is a blend word, blend of ''sea'' and ...
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Land Claim
A land claim is defined as "the pursuit of recognized territorial ownership by a group or individual". The phrase is usually only used with respect to disputed or unresolved land claims. Some types of land claims include aboriginal land claims, Antarctic land claims, and post-colonial land claims. Land claims is sometimes used as a term when referring to disputed territories like Western Sahara or to refer to the claims of displaced persons. In the colonial times of the United States American men could claim a piece of land for themselves and the claim has different level of merit according to the de facto conditions: # claim without any action on the ground # claim with (movable) property of the claimant on the ground # claim with the claimant visiting the land # claim with claimant living on the land. Today, only small areas of unclaimed land remain, yet large plots of land with little economical value (e.g., in Alaska) can still be bought for very low prices. Also, in certai ...
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International Waters
The terms international waters or transboundary waters apply where any of the following types of bodies of water (or their drainage basins) transcend international boundaries: oceans, large marine ecosystems, enclosed or semi-enclosed regional seas and estuaries, rivers, lakes, groundwater systems (aquifers), and wetlands. "International waters" is not a defined term in international law. It is an informal term, which sometimes refers to waters beyond the "territorial sea" of any country. In other words, "international waters" is sometimes used as an informal synonym for the more formal term high seas or, in Latin, ''mare liberum'' (meaning ''free sea''). International waters (high seas) do not belong to any state's jurisdiction, known under the doctrine of 'mare liberum'. States have the right to fishing, navigation, overflight, laying cables and pipelines, as well as scientific research. The Convention on the High Seas, signed in 1958, which has 63 signatories, defined "hi ...
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International Seabed Authority
The International Seabed Authority (ISA) (french: Autorité internationale des fonds marins) is a Kingston, Jamaica-based intergovernmental body of 167 member states and the European Union established under the 1982 UN Convention on the Law of the Sea (UNCLOS) and its 1994 Agreement on Implementation. The ISA's dual mission is to authorize and control development of mineral related operations in the international seabed considered the "common heritage of all mankind"Chronological lists of ratifications of, accessions and successions to the Convention and the related Agreements.
UN: regularly updated.
and also protect the ecosystem of the seabed, ocean floor and subsoil in "The Area" beyond nationa ...
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Freedom Of The Seas
Freedom of the seas ( la, mare liberum, lit. "free sea") is a principle in the law of the sea. It stresses freedom to navigate the oceans. It also disapproves of war fought in water. The freedom is to be breached only in a necessary international agreement. This principle was one of U.S. President Woodrow Wilson's Fourteen Points proposed during the First World War. In his speech to the Congress, the president said: The United States' allies Britain and France were opposed to this point, as the United Kingdom was also a considerable naval power at the time. As with Wilson's other points, freedom of the seas was rejected by the German government. Today, the concept of "freedom of the seas" can be found in the United Nations Convention on the Law of the Sea under Article 87(1) which states: "the high seas are open to all states, whether coastal or land-locked". Article 87(1) (a) to (f) gives a non-exhaustive list of freedoms including navigation, overflight, the layin ...
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Free-market Environmentalism
Free-market environmentalism argues that the free market, property rights, and tort law provide the best means of preserving the environment, internalizing pollution costs, and conserving resources. Free-market environmentalists therefore argue that the best way to protect the environment is to clarify and protect property rights. This allows parties to negotiate improvements in environmental quality. It also allows them to use torts to stop environmental harm. If affected parties can compel polluters to compensate them they will reduce or eliminate the externality. Market proponents advocate changes to the legal system that empower affected parties to obtain such compensation. They further claim that governments have limited affected parties' ability to do so by complicating the tort system to benefit producers over others. Tenets While environmental problems may be viewed as market failures, free market environmentalists argue that environmental problems arise because: # ...
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Extraterrestrial Real Estate
Extraterrestrial real estate refers to claims of land ownership on other planets, natural satellites, or parts of space by certain organizations or individuals. Previous claims are not recognized by any authority, and have no legal standing. Nevertheless, some private individuals and organizations have claimed ownership of celestial bodies, such as the Moon, and are actively involved in "selling" parts of them through certificates of ownership termed "Lunar deeds", "Martian deeds" or similar. While personal claims have little weight, whole countries could potentially lay claim to colonizing certain bodies. Extraterrestrial real estate not only deals with the legal standpoints of potential colonization, but how it could be feasible for long-term real estate. There are multiple factors to consider in using another planet for real estate including transportation, planetary protection, astrobiology, sustainability, how to create a real estate market, and the orbital real estate of th ...
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