UNCLOS treaty based on collectivist agenda to create global socialist entity

The Treaty is a weird mixture of the codification of some long established and widely accepted navigational rules for the oceans with an outdated and counter-productive collectivist scheme to make the oceans the funding source for an UN-organized wealth redistribution plan. The Treaty would create a socialist entity to develop the oceans viewed as “the common heritage of mankind.” The entity (the “Authority” and other bizarre language no longer heard even in North Korea) would gain its resources and knowledge by forcing private firms – likely US – to “share” with “all mankind.” That “what’s yours is mine” aspect of LOST will limit mankind’s ability ever to benefit from the potential resources of this vast area.