Source:The protection of the Moon is clearly stated in the 1967 Outer Space Treaty (OST) - an international document that prohibits any state to appropriate the space rock or other celestial bodies.
Researchers from the Adam Smith Institute, a British neoliberal think tank, have suggested that dividing the Moon into regions and privatising it can help end global poverty. However, there is a twist: the think tank suggests rethinking international accords to do so.
Rebecca Lowe, an economic researcher who compiled a report on the matter for the institute titled "Space Invaders: Property Rights on the Moon," has proposed the so-called "individualistic" approach to redefining the Moon's property rights issue in a departure from what is outlined by the 1967 Outer Space Treaty.
According to her, parts of the moon should be assigned to different countries that can then generate money by selling it to businesses, for example. (...)
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