Labor Theory of Property

Labor Theory of Property

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The labor theory of property or labor theory of appropriation or labor theory of ownership is a natural law theory that holds that property originally comes about by the exertion of labor upon natural resources. It is also called the principle of first appropriation or the homestead principle. In his Second Treatise on Government, the philosopher John Locke asked by what right an individual can claim to own one part of the world, when, according to the Bible, God gave the world to all humanity in common. He answered that persons own themselves and therefore their own labor. When a person works, that labor enters into the object. Thus, the object becomes the property of that person.show more

Product details

  • Paperback | 88 pages
  • 152 x 229 x 5mm | 141g
  • DIC Press
  • United States
  • English
  • 6136672901
  • 9786136672908