Saturday, 28 August 2010
Land ownership requires that our neighbours be compensated to their satisfaction
If we seek to own property that is limited in quantity, such as land (the existence of which precedes us) then it is reasonable to pay a compensatory fee to our neighbours for this inconvenience. If we have not properly compensated our neighbours (and they, us) for our ownership of a limited resource then we cannot truly claim that the land is owned by us. To own land we must (it is an obligation, with ownership being contingent on its satisfaction) pay our neighbours. We do not own the land unless we have paid the appropriate land taxes.
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