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:
“Love is a scandal of the personal sort.”
—Anton Pavlovich Chekhov (1860–1904)
“Each man’s private conscience ought to be a nice little self-registering thermometer: he ought to carry his moral code incorruptibly and explicitly within himself, and not care what the world thinks. The mass of human beings, however, are not made that way; and many people have been saved from crime or sin by the simple dislike of doing things they would not like to confess ...”
—Katharine Fullerton Gerould (1879–1944)
“Strange and predatory and truly dangerous, car thieves and muggers—they seem to jeopardize all our cherished concepts, even our self-esteem, our property rights, our powers of love, our laws and pleasures. The only relationship we seem to have with them is scorn or bewilderment, but they belong somewhere on the dark prairies of a country that is in the throes of self-discovery.”
—John Cheever (1912–1982)