President Obama signs space resource bill into law

July 2024 Forums General discussion President Obama signs space resource bill into law

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  • #84398
    kohara66
    Participant

    Any views on this as found it interesting with some pertinant quotes:

    http://www.geekwire.com/2015/asteroid-riches-president-obama-signs-space-resource-bill-into-law/

    “This is the single greatest recognition of property rights in history,”

    “I am super excited that we now have clarity for Moon Express to be able to harvest and own lunar resources that can be used for the benefit of humanity,”

    And a big cheer for:

    “extends our free-market values into space"

    #115436
    ALB
    Keymaster

    This US law goes against the opposite principle of "common heritage of mankind" embodied in the 1979 Moon Treaty and the previous Outer Space Treatry:

    Article 11 wrote:
    1. The moon and its natural resources are the common heritage of mankind,
    which finds its expression in the provisions of this Agreement and in
    particular in paragraph 5 or this article.
     2. The moon is not subject to national appropriation by any claim of sovereignty, by means of use or occupation, or by any other means.3. Neither the surface nor the subsurface of the moon, nor any part thereof or natural resources in place, shall become property of any State, international intergovernmental or non-governmental organization, national organization or non-governmental entity or of any natural person.

    But, then, the USA never signed it. What was envisaged was the "the moon and other celestial bodies" should be owned in common not by mankind but rather by all the States into which the Earth is divided. All the same. "common heritage of mankind" is a concept we can embrace since we think this should apply to the planet Earth too.Actually, paragraph 3 could be adapted to express a legal enactment of world socialism:

    Quote:
    The surface and the subsurface of the Earth, and any part thereof or natural or industrial resources in place, shall cease to be property of any State, international intergovernmental or non-governmental organization, national organization or non-governmental entity or of any natural person.
    #115437
    alanjjohnstone
    Keymaster

    Once again to blow our own trumpet, our blog covered this  (or at least an earlier approval by Congress) everal days ago.http://socialismoryourmoneyback.blogspot.com/2015/11/space-capitalism.htmlMembers and sympathisers really should be regular visitors to our blog and get the news first. 

    #115438
    Anonymous
    Inactive

    Look out space, here comes capitalism!

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