>For capitalism to work .com.au
>needs to be something that's ownable.
>
>Its not ownable for good reason.

A domain name may not be "ownable" or an "asset" however a domain name licence
most certainly is.  As the auDA transfer policy states:

(http://auda.org.au/policies/auda-2004-03/)
<snip>
3. CIRCUMSTANCES OF TRANSFER 

3.1 A registrant may transfer their domain name licence to a proposed new
registrant if: 

a) (i) the registrant sells part or all of their business operations or
assets to the proposed new registrant, and the Deed of Sale includes the
transfer of the domain name licence; or 
</snip>

ie - a domain name licence can be included on a deed of sale and is therefore
an asset of a business.

Jon


>-- Original Message --
>Date: Mon, 17 Jul 2006 17:58:31 +1000
>From: "Sean K. Finn" <Sean.Finn&#167;ozservers.com.au>
>To: ".au DNS Discussion List" <dns&#167;dotau.org>
>Subject: Re: [DNS] Secondary Market
>Reply-To: ".au DNS Discussion List" <dns&#167;dotau.org>
>
>
>> oh god. why is it that some people who claim to have no objection to
>> capitalism, display a total ignorance of its underlying philosophy?
>
>> Vic
>
>I'll Keep it short.
>http://celebratecapitalism.org/bernsteindeclaration/english/index.html
>and
>http://celebratecapitalism.org
>and slightly amusing:
>http://celebratecapitalism.org/graphics/prodosilovecapitalism.jpg
>
>Summary: 
>" Capitalism is the only system based on the recognition that each
>individual owns his life. Capitalism is the only social system in which
>individuals are free to pursue their rational self-interest, to own
>property and to profit from their actions. It entrenches individual
>rights, limited Constitutional government, and
>political/intellectual/economic freedom."
>
>
>
>Hi Vic, 
>
>You shouldn't beat yourself up so much. For capitalism to work .com.au
>needs to be something that's ownable.
>
>Its not ownable for good reason.
>
>Move On.
>
>-Sean.
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