Property is a fundamental component of democratic market societies. But what is property? What rights attach to it? And what might be some effective ways of both protecting and/or limiting private property and its uses? More generally, are our traditional concepts of property still applicable to a world in which value is increasingly embodied in ideas, techniques, and services rather than tangible objects? Our ideas about property are also being stretched by the need to trade with nations that may not share our values. Increasingly, we are being called upon as a society to rethink our ideas of property: the different kinds of roles that it might play in our economic, social, and political life and the different kinds of property and property rights that we might wish to create, promote, and protect.
This discussion guide and its seven contrasting policy possibilities are intended to help us discuss, explore, and consider these and related issues.
The seven contrasting policy possibilities in this Discussion Guide are–
- Protect Private Property From Democracy
- Limit the Power of Property on the Governing Process
- Put Human Rights First
- Preserve Our Common Wealth For Future Generations
- Restrict Foreign Ownership
- Abolish Intellectual Property
- Restore Trust in the Economic System