For Like minded people who like to see-
At the heart of many discussions on Agmates is the issue of private property rights. Many believe, as I do, that our governments and legal systems have forgotten the crucial importance of upholding and protecting this vital institution if we are to continue living in freedom and prosperity.
Without secure ownership rights – ownership as in “exclusive control”, not some watered down concept where the government is in charge, with owners reduced to nothing more than unpaid park rangers – neither accumulation of wealth nor market exchange can take place. Without accumulation of wealth, the tremendous advances in productivity resulting from capitalism could not occur. And without market exchange, we would be living in the poorest of conditions, only able to consume what we could personally produce. Nor can we be truly free unless security of ownership is upheld to protect us against the descent of democracy into majority rule and totalitarian government.
It is very disappointing that some do not understand this. They have not learned the lessons of history, and still cling to the false hope that raiding property belonging to others, then spreading the wealth around, will lead to endless free lunches for everyone.
Even more disappointing is the way some beaver away, often at taxpayer expense, doing everything they can to subvert the very meaning of ownership in furthering their attack on the sanctity of property.
They try to make out that ownership no longer means exclusive control; that it now means the right to buy and sell, but little else. We hear concepts such as building “entitlements”, as if building was a privilege, separate from ownership, bestowed upon some lucky owners through the good grace of the government. We are persuaded to think of ourselves not as owners, but as custodians or caretakers, restricted to carrying out “sustainable development”; but only if the government has “released” our land. And if the government wants our land they don’t buy it, they “resume” it; because, well, you know, it really was theirs all along.
This is all nonsense.Ownership is not a socially useful concept unless it means exclusive control. The idea that decisions made by bureaucrats and politicians are better than those made by owners is preposterous. When such systems have arisen in the past, they have always led to poverty and loss of freedom. If we let our opponents get away with it this time, the outcome will be no different.