• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Fury as economists claim the Moon should be privatised

"Instead of taxing the billionaires to end poverty, conservatives will literally suggest privatising the moon instead. Wild."

Joe Mellor by Joe Mellor
2022-02-16 15:19
in News
FacebookTwitterLinkedinEmailWhatsapp

Privatising the Moon is the next bright idea to help wipe out poverty on Earth, according to a report by neoliberal think tank the Adam Smith Institute.

Economic researcher Rebecca Lowe, who compiled the report said: “A clear, morally justified and efficient system for assigning and governing property rights in space would present vast benefits that go beyond financial rewards for people who would become owners.

“Such a system would incentivise responsible stewardship of space as well as opportunities for new scientific discovery and democratised space exploration.’’

The Institute’s head of research Daniel Pryor said: “Property rights play a key role in boosting living standards, innovation and human dignity here on Earth.

However, the Outer Space Treaty, drawn up at the United Nations in 1967, currently bans countries and individuals from owning property in space, so that frontier would need to be overcome first.

But as we know with wealth creation, where there is a will there is a way.

Reactions

The idea of monetising the moon didn’t go down that great with many people on social media.

RelatedPosts

Ministers to launch probe into the BBC’s ‘Islingtonian left-wing bias’

Brits react to new ‘affordable foods’ list

Top Tory STANDS BY fellow party MP convicted of abusing 15-year-old boy

Watch: Murdoch monopoly isn’t taking Aussie election result well

1.

The only thing economists should be doing pic.twitter.com/yTGS0xCxqF

— Sodaspider (@Podna86) February 15, 2022

2.

Capitalism has left the poor further destitute, or dead. It doesn't magically start working when you put it on the moon instead.

But hey, anything to avoid actually attempting the dull radical reforms that might actually work here on Earth, right?

— Josh Scully (@JoshAlexCairo) February 15, 2022

3.

pic.twitter.com/jQDj5fkRPg

— Rob Sheridan (@rob_sheridan) February 15, 2022

4.

Asset strippers who asset stripped Earth to the brink of ecocide claim that if we give them a whole other celestial body to asset strip, THIS TIME the wealth will trickle down. https://t.co/YrYYfB3JvH

— Dr Craig Dalȝell (@thecommongreen) February 16, 2022

5.

under no circumstances must capitalism be allowed to escape into space https://t.co/gWgGsY5kFf

— make earthseed real 🌏🌱🌌 (@syntropian) February 16, 2022

6.

Taxing the rich could lift 2.3 billion people out of poverty, vaccinate the entire world, and deliver universal healthcare for all citizens of low and lower-middle-income countries. But yeah, let’s privatize the moon. https://t.co/jwRl4V73W6

— Working Families Party 🐺 (@WorkingFamilies) February 16, 2022

7.

How about we end privatization and capitalism to end poverty instead? That sounds like a much better idea. https://t.co/hqU5gehBwO

— 🌽Schmedley🌽🏳️‍🌈 (@schmedleyj1) February 16, 2022

8.

Instead of taxing the billionaires to end poverty, conservatives will literally suggest privatising the moon instead. Wild. https://t.co/J8mGnpKkqW

— Adam Bandt (@AdamBandt) February 16, 2022

9.

POVERTY IS NOT A NATURAL STATE.

IT IS ARTIFICIAL. THE RESULT OF THE SYSTEMS WE'VE BUILT.

WE CAN DECIDE IT DOESN'T EXIST TOMORROW.

WE DO NOT NEED THE MOON FOR THIS. https://t.co/AfeI76VKzd

— Nome (@NomeDaBarbarian) February 16, 2022

10.

leave the moon alone and shoot the economists into space, that’ll do more to wipe out poverty https://t.co/kkyNKaKUnK

— problem goose (@mammothfactory) February 16, 2022

11.

this is a cartoon/comic book evil genius plan https://t.co/c9pL3A48Sj

— ashleigh (@AshStoneman) February 15, 2022

12.

Wait I wasn't supposed to say that part publicly https://t.co/Fdvqk471qU pic.twitter.com/xxoyiR4p4K

— Lethality Jane (@LethalityJane) February 16, 2022

13.

"to help wipe out poverty" https://t.co/Ve7lplbLfm pic.twitter.com/kW0UnLZAAC

— Eric, Professional Steve. (@AssBoss80085) February 16, 2022

14.

Send the wealthy to the moon, abandon them there, and then seize and redistribute all their assets. https://t.co/Hqk1JbGN44

— Cleaver's Henchdwarf 🇺🇲🇭🇳 (@cowgirl_bebop) February 15, 2022

Related: Nigel Farage has called for another referendum

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Film Review: The Young Karl Marx

Touching tribute left for homeless man who died in cold weather

Man vows to remove son from school if he isn’t allowed to wear Nike air shoes

Video – Animal activists repeatedly RAMMED by 4×4 while driving to a hunt

QPR midfielder joins Sheffield United for club record fee

Big Issue introduce contactless payments in response to cashless economy

Proof that the UK was present in EU meetings where joint procurement opportunities were discussed

SEO-copywriting as a future of online marketing: tips for beginners

Two British police stations placed under quarantine after Chinese person was arrested – then said he had ”Flu-like” symptoms

Ursula von der Leyen reveals package of further EU sanctions against Russia

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.