Private Property

By Richard Schlatter,

Book cover of Private Property: The History of an Idea

Book description

The philosophy an history of the idea of private property as a means ofjustice and social control. What are valid claims of ownership? What are the principles of ownership. From Greece to Marx.

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Why read it?

1 author picked Private Property as one of their favorite books. Why do they recommend it?

This book is the best history of the old idea, the natural rights theory of property, that people have a natural right to the fruits of their labor. In a firm based on the employment relation, the total fruits (both the positive products but also the negative liabilities) of the labor of the people working in the firm are appropriated by the employer. The call for the abolition of the human rental relation is not a call to abolish private property (e.g., “private ownership of the means of production”), but a call to re-establish private property on its natural rights…

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