Ratification of UNCLOS establishes flawed precedent for development of frontier that would carry over into space
The Law of the Sea Treaty retains its coercive, collectivist philosophical underpinnings. It will have a negative impact on entrepreneurship even if no mining ever occurs. The worst principle is the declaration that all seabed resources are mankind’s “common heritage” under the control of a majority of the world’s nation states. American ratification would help validate some of these discredited collectivist principles.
Moreover, the treaty could set a bad regulatory precedent for the commercial development of space. Subjecting private space exploration and development to a similar regulatory system would discourage private ventures. By punishing entrepreneurship directed at transforming the great “frontiers” of the oceans and space, the Law of the Sea Treaty threatens potentially enormous losses well into the future.
Quicktabs: Evidence
Arguments
Related argument(s) where this quote is used.
-
UNCLOS could set a bad regulatory precedent for the commercial development of space. Subjecting private space exploration and development to a similar regulatory system would discourage private ventures just now getting underway.Related Quotes:
- Applying UNCLOS model to outer space would stifle nascent commercial space industry
- Ratification of UNCLOS establishes flawed precedent for development of frontier that would carry over into space
- UNCLOS model could be extended to cyberspace with devastating economic impact
- Should reject UNCLOS before its model spreads to other commons including outer space and the internet
- UNCLOS model could be extended into outer space to the detriment of U.S. freedom of action
- U.S. ratification of UNCLOS will validate model for international governance of all global commons with adverse consequences for its military space program
Parent Arguments:Counter Argument: