Faced with this threat, states can instead act to eliminate piracy and work to ensure the safety of maritime trade, which is in itself the source of other forms of wealth. But it has always been easier to wish for an El Dorado than to lay its foundations.
Notes
(1) ‘Rare’ earths are a group of 17 metallic oxides related by neighbouring properties: oxides of scandium (Sc, 21) and yttrium (Y, 39), as well as of the 15 ‘lanthanides’ (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium and lutetium).
(2) Like the Japanese ‘sea-women’ (ama) diving for pearls, a tradition which remains largely intact to this day.
(3) Marine, 210, January 2006, pp. 29-35.
(4) This first zone is the embodiment of the theory imperium terrae finiri ubi finitur armorum potestas (‘a country can only acquire exclusive jurisdiction over those parts of the sea that it can defend from the land’—i.e. up to the maximum range at which its cannon could fire). Van Bynkershoek, 1737.
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