Source:
Hertzfeld, Henry R. "Bringing Space Law into the Commercial World: Property Rights without Sovereignty." All Business. Dun & Bradstreet, Summer 2005. Web. 04 Feb. 2012. <http://www.allbusiness.com/legal/883692-1.html>.
Analytical Review:
"Bringing Space Law into the Commercial World: Property Rights without Sovereignty," by Henry Hertzfeld, is an analysis of the current situation regarding commercial space travel and any related tangent topics. Firstly, Hertzfeld opens the article with an overview, stating that the current belief, or claim, is that no entity can claim the rights to any celestial body or part of outer space and this fact will hinder expansion into space because private, as well as public, entities will shy away from investing money into space exploration if they cannot guarantee a profit on their investment due to the inability to claim ownership of anything that takes place in space. Hertzfeld believes that misinterpretations and conflicting laws will allow entities to use the corrupt law system in a way that could be detrimental to future plans in space. For example, the illegal vending of property rights to land in space. If people end up seeing these as legitimate land-rights, then serious problems could arise in the future, when this land becomes more assessable to the average person.
To set a sort of basis for his argument, Hertzfeld begins the analysis portion of his article by talking about the current laws, treaties and regulations in place with regards to space sovereignty. He notes that because the idea that space should be shared amongst every nation in the world, any profit made in space would thus need to be distributed as well, decreasing economic drive of investors. Another interesting point is that the government is liable for anything its citizens do in space.
Next, Hertzfeld goes on to point out ambiguities as well as conflicting laws present. The major source of this conflict of laws is over the idea that if no one can own anything in space, then who should be taking responsibility for anything that occurs in space, whether it be good or bad. Some laws say that whoever owned the craft on earth is therefore liable, while other laws contradict.
Next, intellectual property rights, basically, if anything is invented in space, who is liable / able to get patents. The biggest controversy here is with regards to the International Space Station. While the name would lend one to believe that the station is owned by multiple nations. But, actually, different parts are made by different countries, thus jurisdiction over the International Space Station is a somewhat tricky subject.
The article continues to show the intricacies of space law and how they are currently affecting the population involved with space travel. Hertzfeld then wraps up the article by stating that private firms aren't really all that interested in owning anything in space, all they're interested about is the profit margin. The author begins by stating his thesis, that property rights may inhibit private expansion into space and allow for corrupt entities to make a quick buck, and then backs up his ideas with the various loopholes that are currently present in law and then how these loopholes can be manipulated in order to either claim ownership over something or to profit illegally from something.