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Difference between revisions of "property rights"
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Revision as of 02:48, 24 October 2010
Property rights, aka the right to property, consists of the right of every person to own enough land to live off of, autonomously, and to not be subjected to any taxes for owning said land. Such individual autonomy is the foundation of voluntary market exchanges. Capitalism without property rights results in dependence-based tyranny and involuntary market exchanges. Not surprisingly, most capitalists are opposed to property rights.
True property is called 'allodial' property in legal terminology. The only allodial property in the United States are some parcels in Nevada, and even that is a temporary situation. Most so-called 'property' of the status quo is only semi-owned by it's nominal owners, because it is taxed, in which case the property is called 'freehold' property in legal terminology.
