this post was submitted on 30 Sep 2023
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Leftism
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I've seen a few solutions to the private property idea posited. I'll admit my biases, they made me uncomfortable, mainly because they cannot be the only piece of the machine altered.
For ex, there's a very large company near me that allows one to purchase land to build a house on, but that land is your family's for 99 years before ownership reverts to the corporation.
I can't really see the upside for any family, investing a lot of money into property that simply... Vanishes after a time. But that was one of the solutions I previously reviewed, no true ownership. Most of the other ideas were tweaks on that central idea.
Within the context of criticisms of capital, private property expresses a meaning that may be unexpected based strictly on a vernacular interpretation.
Whereas personal property refers to property that is used directly and personally by its owner, private property refers to property that is used by someone else, or another group, such that the owner may profit from asserting private control over such resources despite that they are useful for society or to others.
Businesses and rented properties are private property.
A house someone owns and occupies is personal property.