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:
“In contrast with envy, which usually occurs between two people and is focused upon another persons qualities or possessions, jealousy occurs when a third person becomes a threat to a dyad. Jealousy involves the loss or the impending loss of a relationship that one wants to hold onto, a relationship that is vital to personal fulfillment and claimed as ones own.”
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“The faceless head lay still. I could not run
Or walk, but stood. Alone in the public clearing
This private thing was owned by all the town,
Though never claimed by us within my hearing.”
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