Tag: fails

Gang member’s bid to stop property sale fails

Gang member’s bid to stop property sale fails

propertyPersons can personal property directly. In most societies legal entities, corresponding to firms, trusts and nations (or governments) personal property. Law in all societies has tended to develop in the direction of reducing the number of things not having clear owners. Supporters of property rights argue that this permits better protection of scarce sources, because of the tragedy of the commons, whereas critics argue that it leads to the ‘exploitation’ of those sources for private acquire and that it hinders benefiting from potential community results.

For different makes use of, see Property (disambiguation).

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Socialism’s basic ideas heart on a critique of this concept, stating (among other things) that the cost of defending property exceeds the returns from private property ownership, and that, even when property rights encourage their holders to develop their property or generate wealth, they accomplish that only for their own benefit, which may not coincide with profit to different people or to society at giant. Comte, as Proudhon later did, rejected Roman legal tradition with … Read More