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:
“The lover never sees personal resemblances in his mistress to her kindred or to others. His friends find in her a likeness to her mother, or her sisters, or to persons not of her blood. The lover sees no resemblance except to summer evenings and diamond mornings, to rainbows and the song of birds.”
—Ralph Waldo Emerson (1803–1882)
“Never seem wiser, nor more learned, than the people you are with. Wear your learning, like your watch, in a private pocket: and do not merely pull it out and strike it; merely to show that you have one.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“By avarice and selfishness, and a groveling habit, from which none of us is free, of regarding the soil as property, or the means of acquiring property chiefly, the landscape is deformed, husbandry is degraded with us, and the farmer leads the meanest of lives. He knows Nature but as a robber.”
—Henry David Thoreau (1817–1862)