“Under capitalism, man exploits man; under communism, it’s just the opposite.”–John Kenneth Galbrait.
I’ve found myself quoting Galbrait a lot lately, especially when looking at the happenings in our South American neighbor, Venezuela. However, I’d be the first to admit that it’s applicability to the current happenings in Venezuela is not as perfect, because as I’ve written in an earlier post, while there are natural overlaps between economic ideologies and the sociologists’ definition of political systems, the two are not the same. Continue reading
“Today, the more balanced concept of ‘limited territorial sovereignty’ is widely accepted as the foundation upon which the law of international watercourses in general, and the UNWC in particular, have evolved. It stipulates that all watercourse states enjoy an equal right to the utilisation of a shared water resource, and that each watercourse state has to respect the sovereignty and correlative rights of other watercourse states – i.e. that it must not exceed its own right to equitable utilisation.” — (