Definition
- Property is defined as one’s body and peacefully acquired possessions, like money, real estate and personal items.
- Our property is that which we legally own. Ownership itself is defined as having the right to make decisions over the property at the exclusion others. ‘Ownership’ might also be better phrased as that which we have stewardship over.
- All property rights start from the premise that we own ourselves (the opposite of slavery). If we legally own ourselves, it naturally follows that when we peacefully acquire resources via exchange with other people, those we legally own those resources.
- Without property rights, and the means to defend them, theft, rape, assault, murder and pollution would all be legal. It is property rights that protects us from hell on earth. The overthrow of Tibet, and many other peaceful communities, stemmed from the invaders’ lack of respect for property rights, and the Tibetan’s inadequate means to repel those invaders.
- Owning property does not require selfishness. We can be incredibly generous with that which we own, and in fact, voluntary kindness and seeking win/win outcomes are incorporated into 3L’s Aspirational Values. An owner of land can steward it entirely for the purpose of allowing biodiversity to thrive, or grow food on it that can be shared with others… there are so many ways we can be generous stewards of property.
- Whether intangible things like information is deemed property is a grey area that reasonable minds disagree on.
3 levels of relating to property
- No property rights: No legal consequences for theft, rape, assault, murder and pollution.
- This is why 3L’s Legal Principle that we must not aggress against another’s property is essential for all to adhere to equally.
- Property rights respected, but people are selfish: This is a free society, but not a peaceful one.
- Property rights respected, but people are generous: This is a free and peaceful society.
- Such a society is not possible without the Legal Principle. Aspiring to be voluntarily kind
3L’s mission is to calibrate all laws globally such the floor is set at level 2; a free society, but it allows humanity to
Contested ownership (insights from Stephan Kinsella)
- The owner of property is determined in accordance with three principles:
- Original appropriation: the first user of a resource has a better claim than latecomers.
- Contractual transfer: Ownership may be acquired by consensual title transfer from a previous owner.
- Rectification: transfer as a result of a tort or offense (use of another person’s property without consent (trespass)) gives rise to a claim by the victim to resources owned by the aggressor, for purposes of restitution.
- Summary: The initial user of a resource presumptively has a better claim to the resource than anyone else; unless he has transferred it to a second owner by contract or as a result of rectification for an offense.
- For property title disputes, the party proving the better claim to the [property] prevails, taking any relevant presumptions and burdens and standards of proof into account.