Re: Historical comparisons

On 26 Feb 2006 11:51:25 -0800, "William Mook"
<william.mook@xxxxxxxxxxxxxxxxx> wrote:

royls@xxxxxxxxx wrote:
On 26 Feb 2006 00:24:32 -0800, "William Mook"
<william.mook@xxxxxxxxxxxxxxxxx> wrote:

We would also do well to allow the ownership of space based assets and
resources by people and business.

Private ownership of privately created capital equipment is a very
good policy. But private ownership of natural resources is a very bad
policy that produces increasing inequality and injustice, and eventual
economic and societal stagnation and collapse.

I disagree.

Well, sure. But you're just flat wrong.

WIthout private ownership of natural resources there is no
incentive to develop those resources.

Flat false. The incentive to develop natural resources is maximized
when those who wish to prevent others from using them must pay the
market rent of those resources to the community for the privilege of
doing so. Private ownership of natural resources reduces the
incentive to develop them, as the owner can simply hold them out of
use for a speculative gain, rather than take the risk of making an
investment to develop them. This is amply proved by the 11,000 vacant
lots in NYC.

What we haven't been good at
is limiting the growth and breadth of government actvitity once its
begun.

OTC, we have become quite good at that, as the long-term stability of
the fraction of GDP recovered by taxation in the USA proves.

You make the decision you think benefits you, but those who
set up the system benefit instead.

We can't expect anything to work well or logically until we get a
handle on this shortcoming and fix it. Until then, we should do what
works best, even it doesn't comport with what we think should work
best.

No. The problem is that the system you think will work best will not
work, while the system I think will work best will, but a system like
your system is the one currently in use. Because your system doesn't
work, you try to convince yourself that mine won't, either.

-- Roy L
.

Relevant Pages

  • Re: Historical comparisons
    ... :Private ownership of privately created capital equipment is a very ... But private ownership of natural resources is a very bad ... You are ignorant of this ...
    (sci.space.policy)
  • Re: Historical comparisons
    ... Private ownership of privately created capital equipment is a very ... But private ownership of natural resources is a very bad ... policy that produces increasing inequality and injustice, ... WIthout private ownership of natural resources there is no ...
    (sci.space.policy)
  • Re: Historical comparisons
    ... Private ownership of privately created capital equipment is a very ... But private ownership of natural resources is a very bad ... policy that produces increasing inequality and injustice, ...
    (sci.space.policy)