To whom do the Earth's riches belongall of mankind, the nations in which those riches are found, or individuals? Why should a relatively small number of Arabs own most of the world's oil reserves? Why should South Africans own most of the world's gold and diamond resources? Or why should the Americans and Canadians own the agriculturally rich Great Plains? Shouldn't these resources and the environment be treated as endowments available to all mankind?
Long ago, the international community agreed to a system of national ownership of natural resources, giving states sovereignty over their...
To whom do the Earth's riches belongall of mankind, the nations in which those riches are found, or individuals? Why should a relatively small numb...