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When discussing money, isn't it correct to say, "Money is (or should be) a form of property obtained by an individual for the purpose of exchange and as a store of value."? Isn't money private property and once in possession of this kind of property, anyone can buy anything, anywhere as long as there is someone on the other side of the exchange who is willing to accept the buyer's property, the buyer's money? And like any property, shouldn't the individual protect it from being taken? Within the context of the proper function of government, shouldn't government enforce this protection? I
My grand plans for a series of posts died from lack of time. My last post was more than 6 months ago. I'm going to take a more bite-size approach now. So, the topic asks my basic question: Should there be limits on ownership rights related to natural resources, including land, forests, oil, etc.? To focus the topic, let's think about "Wyatt's torch" from Rand's Atlas Shrugged. Wyatt was an oilman who developed highly effective technology for getting oil from difficult places. He owned land and drilled for oil on it. Time and again, he suffered when the "looter" government made unreason
Having <a href="http://forum.objectivismonline.com/index.php?showtopic=22911">introduced myself</a> already, I am now making my first substantive post. This is the first of an intended series of interrelated posts. While it might change based on the flow of discussion, I expect to advance the following argument: because property rights are subjective by nature and must be defined by government, democracy must therefore be a more fundamental principle than property rights. I question whether there are any fundamental property rights or whether all property rights flow from the s