You can regulate its use, which is how the San Francisco Bay is managed.
Or you can do neither, which is how the San Francisco Bay used to be managed. Back when it was being filled in to create private property.
The last is clearly not good. One of the other options must be used or you can say good bye to a finite resource.
The Soviets employed the second option for everything, so that clearly doesn't work globally.
You mention national parks. There was a time when these parks were government owned but companies were allowed to extract resources for a song. In fact, that's still going on. So government ownership doesn't prevent crony capitalism.
As far as getting things for a song, again that is crony capitalism, which is totally a product of how we elect our leaders. That is a separate problem that won't be fixed by preventing private ownership of a resource.
You may still ruin a resource that you own, but if you paid a fair price for it, you are destroying your own net worth in the process. When people loot an owned or regulated resource, they suffer no such direct loss.
You can allow it to be owned.
You can regulate its use, which is how the San Francisco Bay is managed.
Or you can do neither, which is how the San Francisco Bay used to be managed. Back when it was being filled in to create private property.
The last is clearly not good. One of the other options must be used or you can say good bye to a finite resource.
The Soviets employed the second option for everything, so that clearly doesn't work globally.
You mention national parks. There was a time when these parks were government owned but companies were allowed to extract resources for a song. In fact, that's still going on. So government ownership doesn't prevent crony capitalism.
As far as getting things for a song, again that is crony capitalism, which is totally a product of how we elect our leaders. That is a separate problem that won't be fixed by preventing private ownership of a resource.
You may still ruin a resource that you own, but if you paid a fair price for it, you are destroying your own net worth in the process. When people loot an owned or regulated resource, they suffer no such direct loss.