Some General Remarks on Private Property

Adnan N. Alabbar and Walter E. Block

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Abstract: Private Property is one of the central institutions of civilized society. We first consider its social, legal, and economic aspects. We then follow the Lockean tradition by focusing on a specific procedural definition: Homesteading is the acquisitive act of first using an object that is initially unowned. The ontology of concrete objects and the nature of their uses determine how objects may be acquired. In this article, we address the open-texture problem in the definition of property, then provide the necessary conditions for an object to be property in the Lockean Scheme.

Date: 2026-06
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