Outer space capitalism : the legal and technical challenges facing the private space industry.

Format:

Video

Contributor:

Ward, Peter, 1985- on-screen presenter.

Big Think, publisher.

Series:

Academic Video Online

Language:

English

Subjects (All):

Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, Including the Moon and Other Celestial Bodies (1967 January 27).

Treaty on Principles Governing the Activities of States in the Exploration and Use of Outer Space, Including the Moon and Other Celestial Bodies.

Space industrialization.

Outer space--Civilian use.

Outer space.

Genre:

Educational films.

Short films.

Physical Description:

1 online resource (6 minutes)

Other Title:

Legal and technical challenges facing the private space industry

Place of Publication:

[Place of publication not identified] : Big Think, 2019.

Language Note:

In English.

System Details:

video file

Summary:

The Outer Space Treaty, which was signed in 1967, is the basis of international space law. Its regulations set out what nations can and cannot do, in terms of colonization and enterprise in space. One major stipulation of the treaty is that no nation can individually claim or colonize any part of the universe-when the US planted a flag on the Moon in 1969, it took great pains to ensure the world it was symbolic, not an act of claiming territory. Essentially to do anything in space, as a private enterprise, you have to be able to make money. When it comes to asteroid mining, for instance, it would be "astronomically" expensive to set up such an industry. The only way to get around this would be if the resources being extracted were so rare you could sell them for a fortune on Earth.

Notes:

Title from resource description page (viewed September 17, 2022).

OCLC:

1347495679