The premise that the natural resources of a territory are rightfully the collective property of the population of the territory in which they are found is irrational and idiotic. England exported the know how to develop the resources of its colonies, that the colonies were too idiotic to do for themselves.
“The premise that the natural resources of a territory are rightfully the collective property of the population of the territory in which they are found is irrational and idiotic.”
I see no reason to believe that statement as it stands.