2min chapter

The "What is Money?" Show cover image

A Theory of Socialism and Capitalism | The Stephan Kinsella Series | Episode 1 (WiM207)

The "What is Money?" Show

CHAPTER

The Libertarian Party Platform, Part Two

Property rights are defined in accordance with the three rules i ha mentioned earlier, which is home steading or original appropriation. That means the first person to use an unknown thing is presumptibly the owner. And then contract, because you can transfer your ownership by contract or transfer by transfer,. So if some one commits an act of tort or hurts you, then they have to pay you damages. But those those three rules, or those four rules, self ownership, homesteading, contract and we call it rectification. Those are the four corps property rights rules.

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