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The people who a piece of property should own wants under it. And those willing to invest the capital required to remove it, as well as those who know how to r
by stretchwithme 15y ago
The people who a piece of property should own wants under it. And those willing to invest the capital required to remove it, as well as those who know how to remove it deserve something for their efforts.
The problem in these countries is that people really aren't allowed to keep what they earn and buy and keep land with their own resources.
In the US those who ultimately controlled large oil companies had to buy the mineral rights from thousands of individual land owners.
In many African countries, getting control of the oil requires killing your political opponents.
I'd much rather live where people have rights. Its not perfect and people don't always know what their windfalls may be worth, but its vastly superior to the alternative of deciding who owns what through political means.