What is private property?

Private Property

Private property is the employment, control, ownership, ability to dispose of, and bequeath land, capital, and other forms of property by legal persons and privately owned firms. Private property is distinguishable from public property and collective property, which refers to assets owned by a state, community or government rather than by individuals or a business entity. Private property emerged as the dominant form of property in the means of production and land during the Industrial Revolution in the early 18th century, displacing feudal property, guilds, cottage industry and craft production, which were based on ownership of the tools for production by individual laborers or guilds of craftspeople.

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Some articles on private property:

Controversies Within Libertarianism - Philosophy - Propertarianism
... other person or group, where aggression is defined as the violation of private property ... This philosophy implicitly recognizes private property as the sole source of legitimate authority ... Propertarian libertarians hold that an order of private property is the only one that is both ethical and leads to the best possible outcomes ...
Chiapas Conflict - History and Socio-political Background (1910–2003)
... ruling class families instituted wealth redistribution whilst maintaining the essence of private property ... the ejido-system was created, which in practice should comprise the power of private investments by foreign corporations and absentee landlords, and entitled the indigenous population to a piece ... The compromise recognized the right of individuals to own private property and of associations, whether Indian or other, to similarly own property, thereby allowing for security ...
Legality Of Recording By Civilians
... The laws regarding the recording of other persons and property by means of still photography, videography, and audio recording vary by location ... In many places, it is common for the recording of public property, persons within the public domain, and of private property visible or audible from ... There might be local laws and policies governing the specific landmark or property on which one seeks to photograph ...
Private Property - Personal Property Versus The Means of Production
... In general, personal property is almost an extension of one's person and does include property from which one has the right to exclude others ... Personal property is different to private property, however, in that it refers to things that are personal objects with which one has a personal connection, making them important ... From the socialist perspective, private property refers to capital or means of production that is owned by a business or few individuals and operated for their profit ...
Commies - Marxist Communism - Marxism
... nature Ideology Immiseration Proletariat Private property Relations of production Reification Working class History Marx's theory of history Historical materialism Historical determinism Anarchism and Marxism ... of a communist society in which private property and ownership is abolished over time and the means of production and subsistence belong to the community ... (Private property and ownership, in this context, means ownerships of the means of production, not private possessions) ...

Famous quotes containing the words property and/or private:

    Never let the estate decrease in your hands. It is only by such resolutions as that that English noblemen and English gentlemen can preserve their country. I cannot bear to see property changing hands.
    Anthony Trollope (1815–1882)

    He said that private practice in medicine ought to be put down by law. When I asked him why, he said that private doctors were ignorant licensed murders.
    George Bernard Shaw (1856–1950)