Ocean Privatization
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Ocean Privatization
Ocean privatization is the sale of the oceans to private individuals or companies. '' The Market for Liberty'', published in 1970, stated that "as companies drilling for off-shore oil have proved, there is no reason why a piece of land cannot be owned and used simply because it is covered by water." In proposing privatization, Walter Block stated that "there are vast areas of human existence where private property rights play no role at all: oceans, seas, rivers and other bodies of water. But why should we expect that there would be any better results from such 'water socialism' than we have experienced from socialism on land?" Murray Rothbard's ''For a New Liberty'' likewise notes, "Anyone can capture fish in the ocean, or extract its resources, but only on the run, only as hunters and gatherers. No one can farm the ocean, no one can engage in aquaculture. In this way we are deprived of the use of the immense fish and mineral resources of the seas...Even now there is a simple but e ...
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Ocean
The ocean (also the sea or the world ocean) is the body of salt water that covers approximately 70.8% of the surface of Earth and contains 97% of Earth's water. An ocean can also refer to any of the large bodies of water into which the world ocean is conventionally divided."Ocean."
''Merriam-Webster.com Dictionary'', Merriam-Webster, https://www.merriam-webster.com/dictionary/ocean. Accessed March 14, 2021.
Separate names are used to identify five different areas of the ocean: (the largest), Atlantic,
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