Search results
Results from the WOW.Com Content Network
The right to property is one of the most controversial human rights, both in terms of its existence and interpretation. The controversy about the definition of the right meant that it was not included in the International Covenant on Civil and Political Rights or the International Covenant on Economic, Social and Cultural Rights. [3]
The property rights approach to the theory of the firm can thus explain pros and cons of integration in the context of private firms. Yet, it has also been applied in various other frameworks such as public good provision and privatization. [35] [36] The property rights approach has been
Under a property-tax system, the government requires or performs an appraisal of the monetary value of each property, and tax is assessed in proportion to that value. The four broad types of property taxes are land , improvements to land (immovable human-made objects, such as buildings), personal property (movable human-made objects), and ...
Depending on the nature of the property, an owner of property may have the right to consume, alter, share, rent, sell, exchange, transfer, give away, or destroy it, or to exclude others from doing these things, [2] as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use ...
A property-owning democracy is a social system whereby state institutions enable a fair distribution of productive property across the populace generally, rather than allowing monopolies to form and dominate.
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.
Economic freedom, or economic liberty, refers to the agency of people to make economic decisions. This is a term used in economic and policy debates as well as in the philosophy of economics . [ 1 ] [ 2 ] One approach to economic freedom comes from the liberal tradition emphasizing free markets , free trade , and private property .
While the property rights advocacy organizations generally argue for greater protections for property rights, and compensation when those rights are taken, the conservation-oriented entities argue that government owes no compensation when it regulates to promote public health, safety and conservation values. [14]