Feeding the poor?
A person might ask what does this have to do Objectivism and isn’t that charity? The answer is, it is the setting for a discussion about property rights. This arid country X in my example is unlikely to get the comprehensive water management because it doesn’t have well protected property rights. No country does, but we will concentrate on country X for the moment. Few business types will waste time, energy, capital, creative thought on the problem of irrigating a dry country unless it is profitable and you can’t have profit without property rights. If the go gooders were really interested in feeding the million poor, they would jump in first thing and establish formally recognized property rights, Why don’t they?