Dr Smith in person with all do respect was a little bit too over zealous and hard to understand although when I researched his theories I was very intrigued. On his website it states that there are three primary causes for poverty and war. The second states that property rights law, as applied to nature’s resources and technologies, deny others their rightful share of what nature offers to us all for free. I could not agree more with this notion. Globally we have claimed , patented and trademarked entities that are not meant for the taking. Oil is the largest cause for both poverty and war yet is a non synthetic natural resource. If oil were a commodity that was free and everyones to use as it a natural resource I am sure that there would be less conflict. People would feel inclined to protect it as a natural resource and an equal amount could be a lotted instead of several monopolies controling and claiming this natural resource as their own. As a whole society is far to focused on this whole “mine!”,”mine!” attitude. This attitude creates many problems and hardships for everyone.
I also agree with dr smith to the extent that these global commodities add not benefit to our lives. The only people that economically benefit or have a better quality of life are those who own and control these “mine” commodities. Our labors and efforts are not rewarded by any of this private investors or large companies. Overally Dr. Smith has some great points but just in lecture needs to address the topics separately in lecture.
