Beyond Property and the Public/Private Divide

Ann E. Davis

Chapter Chapter Six in The Evolution of the Property Relation, 2015, pp 159-193 from Palgrave Macmillan

Abstract: Abstract Property is a central aspect of the modern liberal nation-state, along with the individual and money. There is a widespread understanding of property as a concrete object, which is at the complete discretion of the owner. This form of property is a foundation of the independence and autonomy of that individual. The allocation of that property is the source of income, a reward to the owner for his judicious decisions to increase its market value. Such a system allocates property to its highest and best use, for the society as a whole. This system achieves prosperity and happiness for the nation as an unintended outcome of individual decisions made for each individual’s own self-interest.

Keywords: Foreign Direct Investment; Property Relation; Global Supply Chain; Military Power; York State Department (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-34656-8_6

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DOI: 10.1057/9781137346568_6

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