Propertarianism
Legal theory of property rights / From Wikipedia, the free encyclopedia
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Propertarianism, or proprietarianism, is a political philosophy that reduces all questions of law to the right to own property.[1] On property rights, it advocates private property based on Lockean sticky property norms, where an owner keeps their property more or less until they consent to gift or sell it, rejecting the Lockean proviso. Propertarianism is often described by its advocates as either synonymous with capitalism or its logical conclusion.[2]
Closely related to and overlapping with right-libertarianism, it is also often accompanied with the idea that state monopoly law should be replaced by market-generated law centered on contractual relationships. Propertarian ideals are most commonly cited to advocate for an anarcho-capitalist or minarchist society, with governance systems either limited to enforcing contracts and private property or abolished through total privatization of its basic functions.