4 ms·

In what manner is what I am proposing unfair compensation? The Fifth Amendment very clearly allows the seizure of private property in exchange for just compens

• s1artibartfast 4y ago
  Just compensation is legally considered to be market value in the US. In some places it may just compensation may be sparing your life, or other creative definitions, but that isn't how it works here.
  • vkou 4y ago
    It is often market value, but it doesn't have to be. And how are you going to determine the market value of a limited resource undergoing shortages that are caused by non-market participants taking the lion's share of it?
    • s1artibartfast 4y ago
      Why do you think agriculture is not a market participant?
      • vkou 4y ago
        Because if it were paying market rates for water, it wouldn't be growing low value, thirsty crops like alfalfa during a water shortage.
      • kortilla 4y ago
        Because they don’t pay a market rate.