Re: Property Rights

From: jonwill (jonwill@erols.com)
Date: Wed May 26 1999 - 09:16:26 MDT


> Billy Brown wrote:
>
> The key feature of private property is that it allows individuals to decide
> what is done with a resource. Any system in which individuals are allowed
> to freely own and trade a resource is a private property system.

As long as humans are connected with a physical state of existence, there will
be interaction with three dimensional objects (property). As long as humans live
in societies, there will be a need for delineation of private vs. public
property rights.

Under current conditions of supply and demand gaps, the rational focus should be
on maximizing production capabilities. History has shown democratic-capitalistic
societies to be the most productive at the same.

Under future conditions of unlimited production capability, the focus should
shift toward maximizing satisfaction, which is a personal choice. There could be
communities with varying levels of private vs. public property ownership,
whereby each individual could reside in a community that suits their preference.

I personally would prefer a community that respects the sanctity of individual
toothbrush ownership.

Cheers,
Jon
http://www.erols.com/jonwill/



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