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1 – 10 of over 33000To one aware of the persistence and severity of ancient and modern attacks on private property, the allegiance to private property characteristic of contemporary proponents of…
Abstract
To one aware of the persistence and severity of ancient and modern attacks on private property, the allegiance to private property characteristic of contemporary proponents of human rights may appear remarkable, indeed, mind‐boggling. However, I believe that philosophers committed to human rights identify private property with the human right to property because of their unwarranted confidence in the moral justifiability, and hence the moral acceptability, of private property. In company with John Locke, today's supporters of the view that persons have the human right to property believe that moral reasoning based upon the foundational beliefs of a doctrine of human rights ultimately establishes property to be a human right. Subsequently, they diligently seek morality's sanction for the appropriation, accumulation, and the use and disposal of things in the manner associated with private property. Private property is, therefore, virtually unopposed in its bid for the property chair in the exclusive human rights club. Though decried by opponents as robbery and massively unjust, in theory this form of ownership is remarkably unscathed behind a fortress of arguments. In practice, many societies currently purporting to have instantiated private property in their institutional arrangements have so mitigated property rights that the concept of private property is inapplicable. However, in combination with widespread and strong commitment to private property, the fortress of moral justification for a human right to private property is a serious obstacle to changing a society's property arrangements.
Property rights are often seen to be the cause and the solution of a wide range of social problems especially those affecting the natural environment. But, the property rights box…
Abstract
Property rights are often seen to be the cause and the solution of a wide range of social problems especially those affecting the natural environment. But, the property rights box is indeed pandoran, spawning as many questions as it answers as a function of diverse theoretical perspectives. The literature on property rights is not homogeneous so that interpretations of problems and suggestions for solutions are highly diverse. Consequently, the value of property rights theory in understanding or solving social problems can be problematic. The recent interest in property rights theory has been spawned by the focus on the “takings” issue where a particular perspective of private property rights, as a form of natural rights, has “re”‐emerged. This “new” private property rights perspective portends radical consequences for environmental management. But the theme of this paper is that this methodology adds little insight to the understanding of property rights and environmental problems.
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Marianne Johnson and Martin E. Meder
X = multiple interpretations
Abstract
Purpose
To re‐examine the role of property management from an institutional economics perspective.
Design/methodology/approach
The role of property management is explored by asking why property management has emerged from the first principle. Then, an analytical framework for property management is put forward. Different dimensions of institutional arrangements, ranging from open access to communal private property or solely owned private property, are discussed in the real estate property context.
Findings
The paper shows that a unique feature of property management is its role in excluding outsiders and resolving internal conflicts among the stakeholders of communal private property.
Research implications/limitations
This approach opens up a new research agenda for property management. The adoption of different institutional arrangements in property management can be explained by further studies.
Practical implications
The efficiency of different institutional arrangements for the governance of communal private property is situation‐specific. An endogenous assumption of institutional regime in property management practice greatly expands the flexibility of management.
Originality/value
This paper is the first to apply an analytical framework for interpreting the institutional arrangements in property management.
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Throughout history, social philosophers have justified titles of possession by the right of occupation, labour, and social contract, while the economic justification rests on…
Abstract
Throughout history, social philosophers have justified titles of possession by the right of occupation, labour, and social contract, while the economic justification rests on efficiency grounds. Subscribing to the extremely contestable argument that there is a connection between private property rights and the performance and prosperity of capitalism, de‐socialization of ownership was to become the backbone for market oriented reforms in post‐communist society. The absence of clearly defined property rights, their capricious enforcement, widespread cronyism and criminal activity, in combination with a lack of resolution to terminate the quasi‐property rights of the former ruling elite, and imperfect markets have created a situation where, in the final analysis, the original foundation of most rights to property and wealth would hardly survive the test of justice and be validated in any socially responsible society. Moral precepts aside, given these circumstances, it would be hard for an economist to argue that the present process of re‐allocation of rights could be explained on efficiency grounds.
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Katrien Steenmans and Rosalind Malcolm
The purpose of this paper is to explore the impact that property rights can have on the implementation of circular waste economies, in which waste is reused, recycled or…
Abstract
Purpose
The purpose of this paper is to explore the impact that property rights can have on the implementation of circular waste economies, in which waste is reused, recycled or recovered, within the European Union’s Waste Framework Directive.
Design/methodology/approach
A theoretical lens is applied to the legal definition as well as production and treatment cycle of waste to understand the property rights that can exist in waste.
Findings
This paper argues that even though different property rights regimes can apply to waste during its creation, disposal and recovery, the waste management regulatory and legal system is currently predominantly set up to support waste within classic forms of private property ownership. This tends towards commodification and linear systems, which are at odds with an approach that treats waste as a primary wanted resource rather than an unwanted by-product. It is recommended that adopting state or communal property approaches instead could affect systemic transformative change by facilitating the reconceptualisation of waste as a resource for everyone to use.
Research limitations/implications
The property rights issues are only one dimension of a bigger puzzle. The roles of social conceptualisation, norms, regulations and policies in pursuing circular strategies are only touched upon, but not fully explored in this paper. These provide other avenues that can be underpinned by certain property regimes to transition to circular economies.
Originality/value
The literature focused on property rights in waste has been very limited to date. To the best of the authors’ knowledge, this paper is the first to consider this question in detail from a legal perspective.
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Is China′s “land use rights” legislation whichdistinguishes transferable “land use rights” and inalienable“land ownership”, a novel concept unknown to human kindbefore, or a…
Abstract
Is China′s “land use rights” legislation which distinguishes transferable “land use rights” and inalienable “land ownership”, a novel concept unknown to human kind before, or a pragmatic reversion to the private property rights system abolished by the communist revolution? Advocates the view that the latter is a more correct interpretation. As part of a “going capitalist” economic reform programme, such a reversion is manifested in the legal recognition of the leasehold tenure after the “responsibility system” in privatizing agricultural production had proved to be successful. As the development of private property rights is a prelude to market transactions, the Chinese land use rights reform should be conducive to the success of the economic liberalization policy of China, provided that there is a contemporaneous advance in the development of the rule of law and technical know‐how, such as valuation and land surveying.
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The encyclicals of Popes John Paul II, Pius XI and Leo XIII affirm people’s rights to distributions, and the responsibility of those who are able to care for the poor. These…
Abstract
The encyclicals of Popes John Paul II, Pius XI and Leo XIII affirm people’s rights to distributions, and the responsibility of those who are able to care for the poor. These positions trace largely to arguments from Scripture, Aristotle, Aguinas and Locke, and focus on the protection of private property rights and status rights. Although built on authority that is both antiquated and most closely associated with theology and philosophy, the positions, by focusing on rights that are the foundation on which modern economics are organized, are expressed in a way that is consistent with the operation of those economies.
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The expansion of copyright and the shrinking of the public domain did not begin with the Internet, but the Internet has exacerbated the problem. The threat posed by digital…
Abstract
The expansion of copyright and the shrinking of the public domain did not begin with the Internet, but the Internet has exacerbated the problem. The threat posed by digital technology has led industries to obtain increasingly absolute protection over their “property.” In this paper I will argue that developing a vibrant public domain is essential for resisting the overextension of copyrights and patents. Developing the public domain as a counterpoint to copyright and patent law is vital to an energized public sphere and by extension a democratic system.
Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely…
Abstract
Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.