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Ankesh
April 13, 2007, 08:29 AM
Thanks all.

To fully understand Property Rights we first need to grasp certain definitions.

Property: What is earned, made, created, bought, inherited, given, trade for and already owned, all without coercion.

Infringe: Take, damage and/or control the use of, without uncoerced permission.

With these two definitions we now have Property Rights as...

What I earn, make, create, buy, inherit, am given, trade for and already own, all without coercion, is My property and no person shall infringe upon it.

A Violation of an individual's Property Rights is Wrong.

- Michael Ross

I've got to say - over the years - Michael Ross has got into my head :p

You have to protect property rights at all costs. Thus stealing is bad no matter what the reasons for it are.

The kicker that helps: You never know what the results of your deeds will be.

One may think that he is saving a 1000 people by stealing from people who won't miss it. But what if - out of those 1000 - Hitler arises?

Because you never know the end result, its necessary to have a fixed set of rules that should be followed all the time. And the fairest rules are based on "Protecting Property Rights."

Disclosure: I'm guilty of not following the rules all the time too...


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