D
DarkenedOne
Guest
Personally I have been comparing space exploration and early colonialism to figure out a model for space development and colonization.
One thing I noticed about early colonies in America was that property rights were used in order to encourage private development of the new world. People came over largely for the prospect of being land owners. The deal was that if they settled and developed the land than they would own it. This system of granting property for development was also used in early America in order to colonize and populate the western states. Essentially people, many of which had little to lose, settled these areas so that they could be land owners.
It worked the same way with resources. The private sector practically did all the prospecting. Their deal with the government was that if they found a gold mine or something that they would have the rights to it.
I feel that this practice of distributing property and mineral rights to those who develop them is largely what is lacking in the space business. No one is ever going to colonize space unless they have a economic incentive to do so. In order for people to have an economic incentive they will have to have property and mineral rights to the places that they try to develop.
Now while this idea may be a bit premature I think it will eventually be important once we have the technology to do it economically.
One thing I noticed about early colonies in America was that property rights were used in order to encourage private development of the new world. People came over largely for the prospect of being land owners. The deal was that if they settled and developed the land than they would own it. This system of granting property for development was also used in early America in order to colonize and populate the western states. Essentially people, many of which had little to lose, settled these areas so that they could be land owners.
It worked the same way with resources. The private sector practically did all the prospecting. Their deal with the government was that if they found a gold mine or something that they would have the rights to it.
I feel that this practice of distributing property and mineral rights to those who develop them is largely what is lacking in the space business. No one is ever going to colonize space unless they have a economic incentive to do so. In order for people to have an economic incentive they will have to have property and mineral rights to the places that they try to develop.
Now while this idea may be a bit premature I think it will eventually be important once we have the technology to do it economically.