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>We're talking about the complexity of establishing what property rights are. It's not complicated at all. Okay so what are they? What makes your claim to own
by aninhumer 10y ago
>We're talking about the complexity of establishing what property rights are. It's not complicated at all.
Okay so what are they? What makes your claim to own the things you own correct and someone else's invalid?
Or more generally, how do you go from a world with no property rights, to one where everything has a defined owner, in a way that is simple and obviously fair?
Again, there are answers to these questions, but they are complicated and even within libertarian thought, people disagree about them.
- aminok 10y ago>What makes your claim to own the things you own correct and someone else's invalid? The fact that I made it, or acquired it from someone else through trade. >Or more generally, how do you go from a world with no property rights, to one where everything has a defined owner, in a way that is simple and obviously fair? The homestead principle is based on the notion that if something is unclaimed, and someone adds value to it, they should be able to enjoy the full benefit of that value-added thing. The only 'artificial' private property is scarce natural resources, most importantly land, and that is because much if not most of its value comes from its natural form, rather than anything added to it by its original homesteader, and it is this class of property which society has a moral right to create rules/taxes on. With respect to this latter class of property, once the rules on its use have been established (say a rule asserting that a property title owner must pay a rent equal to 1% of the value of their land to the government each year) anything the title owner earns in accordance with the rules (e.g. anything they earn on top of the 1% tax) is theirs by right.
- aninhumer 10y agoAnd sure, these are reasonable answers, but they're starting to show complexity, and people aren't necessarily going to agree that they're obviously fair.
- aminok 10y agoSociety is complex, and trying to explain a principle and its application in all possible permutations will require an indepth explanation, but the overall concept is coherent and straightforward. I wouldn't call it ambiguous. Regarding people disagreeing: people also didn't agree that ending ritual sacrifice and slavery were fair, but I don't believe many reasonable people would disagree on the general outlines of what private property is if the discussion is permitted to progress far enough. I believe counter-notions are mostly a result of demagoguery and would dissipate in the face of reasoned inquiry.
- aninhumer 10y agoWell for what it's worth, I think property is an effective economic system which should be utilised to the extent that it leads to good outcomes. I think arguing about a philosophical notion of property rights is ultimately pointless if a system that enforces them doesn't lead to better outcomes than one that flagrantly violates them.
- aminok 10y agoI guess we can agree to disagree on that. I think if we step out of the philosophical, it's clear what private property rights are at the level of principle. True, there is a lot of disagreement in relation to specific cases, but I think that's due to superficial understandings people have about these cases, and that once the complexities of the given situation are elucidated, there would mostly be agreement on what a person has private property rights to. As for outcomes, knowing what we know about incentives and how they affect the behavior of economic agents, and extrapolating the effect of the evolutionary processes of the market, it's inconceivable to me that violating private property rights would result in better outcomes in relation to increasing economic output over the long-run, than protecting them.
- aninhumer 10y agoMy impression is that completely unhindered property rights lead to ever amplifying inequality, as those who own capital are more able to earn money than those who do not. I think a Capitalist system needs to be paired with a wealth redistribution mechanism to damp that amplification, such that inequality can only ever be maintained by constant effort. EDIT: And while you may be right, I think being unable to conceive of ways in which you may be wrong speaks poorly of your imagination.