[r9etb]

But the problem is first, that you need some international body to allocate the oceans to various countries, and then those countries would allocate the fisheries to somebody.

Presumably the allocations are not perpetual -- the treaties would probably call for a reallocation every (say) 15 years or so, and it would again fall to the UN-like body to control the bidding.

There's no "property" in that case -- at least, not in the generally accepted sense of the term.

[Rodney King]

But the problem is first, that you need some international body to allocate the oceans to various countries, and then those countries would allocate the fisheries to somebody.

Well, you don't neccessarily need a body. Most of the nations that exist today weren't given their land by some body. Ideally, a body could help out such that war would be averted. Then, the countries allocating the fisheries is simply an industry privatisation that is really no different then Poland selling off its state owned property.

Presumably the allocations are not perpetual -- the treaties would probably call for a reallocation every (say) 15 years or so, and it would again fall to the UN-like body to control the bidding.

They should be perpetual. That's the whole point of it if you want people to take care of their property. If they are not, then that's not what I am reccomending.

There's no "property" in that case -- at least, not in the generally accepted sense of the term.

Well, right. But what I am proposing is in essence an extension of national borders to cover the oceans.