Difference between revisions of "Property"
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'''Property''' in [[law]], [[economics]], [[business]] and for [[tax]] purposes is an extension of, or store of, the produce of unconsumed labor. Private property, i.e. non-public or non-governmentally owned property, is a foundation of Anglo-American law, and central to [[capitalism]] and [[free enterprise]]. | '''Property''' in [[law]], [[economics]], [[business]] and for [[tax]] purposes is an extension of, or store of, the produce of unconsumed labor. Private property, i.e. non-public or non-governmentally owned property, is a foundation of Anglo-American law, and central to [[capitalism]] and [[free enterprise]]. | ||
| − | Property is, and the [[Supreme Court]] has held, an extension of a person's [[labor]]. The [[value]] of a [[person]]'s labor is stored up in property. Much labor is consumed in the process of labor, or disappears in the instant of its production. Property is unconsumed labor. [[Money]] is a representation of unconsumed labor for exchangeable purposes. "Real property" is land; manufactured goods, buildings, [[intellectual property]], and tangible property is the produce of labor that is consumed slowly, or depreciates over time. | + | Property is, and the [[Supreme Court]] has held, an extension of a person's [[labor]]. The [[value]] of a [[person]]'s labor is stored up in property. Much labor is consumed in the process of labor, or disappears in the instant of its production. Property is unconsumed labor. [[Money]] is a representation of unconsumed labor for exchangeable purposes. "Real property" is land; manufactured goods, buildings, [[intellectual property]], and tangible property is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often refereed to as "[[capital]]," which then is used to set the set the economic process in motion and employ more people. |
In modern times there is universal condemnation of treating human beings as property, though only [[abortion]] and [[stem cell]] research implicitly treat human life as though it were property. | In modern times there is universal condemnation of treating human beings as property, though only [[abortion]] and [[stem cell]] research implicitly treat human life as though it were property. | ||
Revision as of 18:23, March 11, 2019
Property in law, economics, business and for tax purposes is an extension of, or store of, the produce of unconsumed labor. Private property, i.e. non-public or non-governmentally owned property, is a foundation of Anglo-American law, and central to capitalism and free enterprise.
Property is, and the Supreme Court has held, an extension of a person's labor. The value of a person's labor is stored up in property. Much labor is consumed in the process of labor, or disappears in the instant of its production. Property is unconsumed labor. Money is a representation of unconsumed labor for exchangeable purposes. "Real property" is land; manufactured goods, buildings, intellectual property, and tangible property is the produce of labor that is consumed slowly, or depreciates over time. Unconsumed labor is often refereed to as "capital," which then is used to set the set the economic process in motion and employ more people.
In modern times there is universal condemnation of treating human beings as property, though only abortion and stem cell research implicitly treat human life as though it were property.
In Thailand, foreigners are not allowed to own land.[1] This law is from long ago, and made because the King then wanted to keep culture how it was. Today, foreigners can own property by getting around law, like creating companies or owning land through a straw-man.
Property in philosophy or theology is an attribute of something that does not consist of its essence, but follows from its essence.
References
- ↑ Foreign nationals in Thailand are allowed to own apartments (units) in an officially registered condominium complex and/or buildings as distinct from its land. Foreigners are not allowed to freehold land but are entitled to a registered leasehold of up to 30 years for all types of titled land. With appropriate extension and purchase options a 30 year lease can become as valuable as freehold purchase. Property in Thailand