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May 02, 2006
Some Thoughts on Nationalization

Who owns a natural resource? The people who live on the ground the resource is on? The people who “own the rights” to the resource? And who is in a position to sell off such rights anyhow? All good and legitimate questions I maintain.
So while I am not entirely happy about using the armed forces of the State to seize private property, such questions as mentioned above beg for serious examination and some answers.
When States make sweet-heart deals to harvest resources for the profit or benefit of political and financial elites these questions arise. I dunno. When I harvest trees I buy the right to do so from the people who own the land the trees are on. End of story.
Posted by Ali Massoud at May 2, 2006 12:40 PM
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