Re:Peter Thiel to Donate $1.25M in Support of Donald Trump
by aninhumer on Sunday October 16, 2016 @11:54AM
(#12719166)
>It's that freedom in the context of democratically agreed regulation whereby we can all trade goods and our labor with others and thereby generate value, usually monetary but by no means exclusively.
The very idea that people can have exclusive control of some goods and then have to trade for other ones is capitalism. Property is not the default state of the universe, it had to be invented and enforced before it meant anything.
And while it can be called a freedom in a certain sense, property is also a restriction. In order for me to own something, you have be denied the right to use it without my permission.
Which is not to say property rights are not a good thing on the whole, but they should be compared as one economic system, in terms of their outcomes, alongside the alternatives.
The very idea that people can have exclusive control of some goods and then have to trade for other ones is capitalism. Property is not the default state of the universe, it had to be invented and enforced before it meant anything.
And while it can be called a freedom in a certain sense, property is also a restriction. In order for me to own something, you have be denied the right to use it without my permission.
Which is not to say property rights are not a good thing on the whole, but they should be compared as one economic system, in terms of their outcomes, alongside the alternatives.