Posted on 09/21/2005 3:52:07 AM PDT by Einigkeit_Recht_Freiheit
"Please explain how the free market that laid waste to the Grand Banks (now a barren undersea desert) is going to police themselves on a commodity that is first come first serve in international waters?"
Simple--he proposes to have private ownership of international waters--but he proposes no enforcement mechanism (and none would work unless backed by lethal force).
Exactly! No fishery to date has been able to self-police just as commercial hunting of migratory species could not regulate themselves. Ownership would have to be of an entire species and not an area, but that would be monopoly and not open market.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.