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41 J. Space L. 57 (2017)
Institutional Cost of International Space Law

handle is hein.journals/jrlsl41 and id is 63 raw text is: INSTITUTIONAL COST OF INTERNATIONAL SPACE LAW S.G. Sreejith* & Yugank Goyal** I. INTRODUCTION: CONTEMPORANEITY IN INTERNATIONAL SPACE LAW What is the temporal and intertemporal value of the percep- tion that International Space Law (ISL) helps humanity explore and exploit the terrestrial abundance of Earth and the infinite spaces beyond it for itself and its progeny? One should keep in mind before ruling on the temporal appropriateness of the said proposi- tion that in modernity, ISL has espoused the dialect of liberal mar- kets. And so, the explorations and exploitations discussed therein have as their goal optimal utilization of the consumer demand in a market under competitive conditions. Then again, what if the mar- ket in question is a non-existing market and competitive condi- tions are fictional competitive conditions?1 After all, according to some, space is a plenary extension of human micro-consciousness to a spatio-temporal vastness where the universal mind of humanity is found; space is in no way meant to be commercially exploited. Whatever the epistemological skepticism of space-idealists is, in fact, the ISL has a rich body of knowledge that affirms that there is LL.B., M.B.L., (University of Kerala), M.Phil. (Jawaharlal Nehru University), LL.D. (University of Lapland). Associate Professor, Associate Dean (Academic Affairs), and Executive Director, Centre for International Legal Studies, Jindal Global Law School, O.P. Jindal Global University. ** B.Tech. (Surat, India), LL.M. (Manchester), Ph.D. (Rotterdam, Bologna and Ham- burg). Associate Professor, Jindal School of Liberal Arts and Humanities, O.P. Jindal Global University (JGU). Deputy Director, International Institute for Higher Education Research and Capacity Building, JGU. I A non-existing market is a meta-space of empty representations. That is to say, the animate object and the inanimate symbols there cannot be existentially quantified. 57

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