Personal Versus Private Property
In political/economic theory, notably socialist (including anarchist) philosophies, the distinction between private and personal property is extremely important. Which items of property constitute which is open to debate.
- Personal property is part of your person and includes property from which you have the right to exclude others (e.g., televisions, cars, clothes, etc.)
- Private property is a social relationship, not a relationship between person and thing according to Marx (e.g., factories, mines, dams, infrastructure, etc.). In capitalism there is no distinction between personal and private property.
- To many socialists, the term private property refers to capital or the means of production, while personal property refers to consumer and non-capital goods and services.
Read more about this topic: Personal Property
Famous quotes containing the words personal, private and/or property:
“Persecution was at least a sign of personal interest. Tolerance is composed of nine parts of apathy to one of brotherly love.”
—Frank Moore Colby (1865–1925)
“Lisa Fremont: Surprise is the most important element of attack. And besides, you’re not up on your private eye literature. When they’re in trouble it’s always their girl Friday who gets them out of it.
L.B. Jeffries: Well, is she the girl who saves him from the clutches of the seductive show girls and the over passionate daughters of the rich?
Lisa Fremont: The same.
L.B. Jeffries: That’s the one, huh? But he never ends up marrying her, does he? That’s strange.”
—John Michael Hayes (b. 1919)
“The rights and interests of the laboring man will be protected and cared for, not by the labor agitators, but by the Christian men to whom God in His infinite wisdom has given control of the property interests of the country.”
—George Baer (1842–1914)