Sunday, 5 September 2010

Land rights are not justified unless there is a ceiling on the amount that may be owned

It is inconsistent to support land rights without being in favour of a limit, or cap on land ownership. We cannot make land so to have land ownership relies on the argument that to do so provides positive utility. This means that we are better off to have (and allow) land ownership, but if land is 'monopolised' by a small number of people, this utility evaporates. We can only (justifiably) defend (the argument of) land ownership if we are prepared to have a ceiling, or cap on the amount of land that a single individual may own.

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