Underlying all of this is the Lockean proviso’s nonsense that it is possible to fence off some part of the world — whether the physical world or the world of ideas — while leaving “enough and as good” for everyone else.
If we reject this doctrine, where does that leave actually existing property rights? The answer is that property rights, like legally enforceable rights in general, are social institutions that may or not be consistent with concepts of justice and human rights.
Our long experience of capitalism suggests that the unfettered exercise of property rights — and polices that allow massive accumulations of wealth in the hands of a few — lead to inequality, crisis, and ultimate disaster.
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