An LPE approach to property

Lua Kamál Yuille

Chapter 24 in Research Handbook on Law and Political Economy, 2025, pp 420-434 from Edward Elgar Publishing

Abstract: If political economy is the exploration of power, in all its manifestations, then property is the chief (though not only) socio-legal institution of that power. This chapter provides a foundational outline of the role property plays in structuring, distributing, legitimizing, and entrenching power. From organizing principles, such as the “right to exclude,” to privileged rights, like expropriation protection, to specific property rules, the institution in no small part determines and disciplines the exercise of power in any given socio-legal space.

Keywords: Property; Neoclassical economics; Progressive property; Political economy (search for similar items in EconPapers)
Date: 2025
ISBN: 9781803921181
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