Wednesday, April 16, 2008

The Moral Economy of Property Distribution

So I've been reading about the Outer Space Treaty recently and several critics contend that we need a new property law paradigm to deal with the inadequacies of our current property paradigm.

The dominant property paradigms are the centrally planned communist system which is widely considered discredited, the socialist-communal model and finally the free market, individual exploitation model.

Under the Outer Space Treaty, space is both a common resource for all of mankind and a resource that individual nations, corporations and states can exploit.

This seems like a contradiction that will have to be resolved if we are to make the leap into space.

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