Tradition
Private property
Overview
Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity, and from collective or cooperative property, which is owned by one or more non-governmental entities. Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit. As a legal concept, private property is defined and enforced by a country's political system.
Overview adapted from Wikipedia (CC BY-SA 4.0; see the article history for authors).
Possible passages
Found by search and not yet checked by a person; they may only mention the idea in passing.
Interest arises naturally in any community in which private property is unrestricted and theft is punished, because some of the most economical processes of production are slow, and those who have the skill to perform them may not have the means of living while they are being completed. But the power of lending money gives such great wealth and influence to private capitalists that unless strictly controlled it is…
Bertrand Russell, Why Men Fight
States what Private property is; names Private property several times.
Wherever the classification by property gains ground, there the old groups of blood relationship give way. Gentile constitution has suffered another defeat. However, the gradation of political rights according to private property was not one of those institutions without which a state cannot exist. It may have been ever so important in the constitutional development of some states. Still a good many others, and the…
Friedrich Engels, The origin of the family, private property, and the state
The book is titled for Private property; names Private property twice.
Marx says "It is the negation of the negation. This reestablishes private property but on the basis of the acquisitions of the capitalistic era, of the cooperation of free laborers and their common ownership of the land and the means of production. The transformation of the private property of individuals, depending upon the labor of individuals, into capitalistic property is naturally a process much more tedious…
Friedrich Engels, Landmarks of Scientific Socialism
Names Private property several times.
Philosophers who discussed Private property
- William Godwin
- Panaetius
- Jean-Jacques Rousseau
- John Locke
- Max Weber
- Murray Rothbard
- Hans-Hermann Hoppe
- Aristotle
- Ayn Rand
- Pierre-Joseph Proudhon
- Bertrand Russell
- Peter Kropotkin
- Cicero
- David Hume
- Ted Honderich
- Robert Paul Wolff
- Gabriel Bonnot de Mably
- Camillo Berneri
Related ideas
- Austrian school of economics
- Feudalism
- Productive forces
- Anarchism
- Princeton University Press
- Profit (economics)
- Marxists Internet Archive
- Industrial Revolution
- John Locke
- Karl Marx
- Marx's theory of alienation
- Adam Smith
- Marxism
- University of Chicago Press
- Mesopotamia
- Murray Rothbard
- Neoclassical economics
- Natural law
- Plato
- Property
- Collective ownership
- Socialism
- Slavery
- Thomas Hobbes
Place in the tradition
Part of Bertrand Russell.