2min chapter

The "What is Money?" Show cover image

The Nature of Property | The Stephan Kinsella Series | Episode 2 (WiM216)

The "What is Money?" Show

CHAPTER

Is Everything Immoral?

Property emerges with a combination of e fact of scarcity when people are in society, which is pretty much always the case. O, that's why property rights emerged. But if we were going to be precise, we should say possession, or the fact of dominion or control, as the factual matter,. And ownership should be reserved to the juristic, or the normative concept. So crusoe on his island, has factual control of things. He can make the fishing net, he can eat the cocoanuts and things like tha. But he doesn't own them in the juristic sense, because there's no other people around that he could have a conflict with.

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