Post
Topic
Board Economics
Re: Is it true that the FED is privately owned
by
myrkul
on 18/05/2013, 01:18:36 UTC
So in conclusion I would define property as that which is created, without infringing on individual rights and can [be] exchanged in a free market.
That causes quite a few problems, the most obvious of which is IP.
I won't argue the definition is half baked, and I won't disagree the idea is radical, but then so was abolishing slavery. Hell even a fixed money supply will "causes quite a few problems" to our current system.

While I make a living creating IP, it is only the laws that make ideas as property possible, if the laws didn't exist I would still do what I do, only I would just employ a new business model and partners to monetise my IP (ideas).    

The meme of property is as damaged as current monetary system; I was just making the point that we are moving in the right direction, fixing the medium of exchange fixes half the problem.  

Creation alone is not enough to make a thing property.
Agreed, although I was referring to the act of creation in reference to property as a right

Have you read Stephan Kinsella's "Against Intellectual Property"? He goes rather in-depth into what property is, why it is, and why IP isn't property, but land is.

I'd agree IP isn't property, not that I would admit it publically for fear my licensees will stop paying me royalty's. But I'd go one further and say land ownership is not a property right either, and will not admit it publically for fear my tenants will stop paying rent.

Have you read Pierre-Joseph Proudhon's book What Is Property?
I have. In comedy value, I'd rank it right up there with Marx (either one).