property
In social life, to have something as property is to have the right to use it. Use may here include exclusion of other people, consumption, transfer, loan, alteration, destruction, etc., so it can come in various degrees. There is no reason for all such uses to be protected by law as one indivisible whole (for instance, a property right in land need not include the right to exclude the public or destroy the land; ownership of a building may not even include the right to alter it at will; my right to use my arm may not go with a right to sell it to someone else). The foundation of individual property rights is a principal topic of political theory. Suggestions include that of Locke, that we have a natural right in that with which we have ‘mixed our labour’; the consequentialist argument that without such rights things would be worse all round; and the Hegelian view that only in a framework of property rights is individual freedom possible. Again, there are differences depending upon what kind of property is in question: private possession of the means of production of goods may be treated quite differently from private rights to consumption of goods (see Proudhon ). The abolition of private property is one of the aims of the Communist Manifesto (see Marx ).

Philosophy dictionary. . 2011.

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  • Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=http://www.businessdictionary.com/definition/property.html|titl… …   Wikipedia

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • Property — • The person who enjoys the full right to dispose of it insofar as is not forbidden by law Catholic Encyclopedia. Kevin Knight. 2006. Property     Property      …   Catholic encyclopedia

  • property — prop‧er‧ty [ˈprɒpəti ǁ ˈprɑːpər ] noun properties PLURALFORM 1. [uncountable] LAW all the things that someone owns: • Some of the stolen property was found in Mason s house. • The President supports a tax cut on profits from sales of property… …   Financial and business terms

  • property — and property rights are central to capitalist societies. Perhaps because they are largely taken for granted in this context they have received relatively little attention from sociologists. By comparison, political philosophers and economists… …   Dictionary of sociology

  • Property — Prop er*ty, n.; pl. {Properties}. [OE. proprete, OF. propret[ e] property, F. propret[ e] neatness, cleanliness, propri[ e]t[ e] property, fr. L. proprietas. See {Proper}, a., and cf. {Propriety}.] [1913 Webster] 1. That which is proper to… …   The Collaborative International Dictionary of English

  • property — c.1300, nature, quality, later possession (a sense rare before 17c.), from an Anglo Fr. modification of O.Fr. propriete (12c., Fr. propreté), from L. proprietatem (nom. proprietas) ownership, property, propriety, lit. special character (a loan… …   Etymology dictionary

  • property — Includes money, goods, things in action, land and every description of property, whether real or personal, legal or equitable, and whether situated in Canada or elsewhere, and includes obligations, easements and every description of estate,… …   Glossary of Bankruptcy

  • property — [präp′ər tē] n. pl. properties [ME proprete < OFr proprieté < L proprietas < proprius, one s own] 1. a) the right to possess, use, and dispose of something; ownership [property in land] b) something, as a piece of writing, in which… …   English World dictionary

  • Property — Prop er*ty, v. t. [1913 Webster] 1. To invest which properties, or qualities. [Obs.] Shak. [1913 Webster] 2. To make a property of; to appropriate. [Obs.] [1913 Webster] They have here propertied me. Shak. [1913 Webster] …   The Collaborative International Dictionary of English

  • property — [n1] possessions, real estate acreage, acres, assets, belongings, buildings, capital, chattels, claim, dominion, effects, equity, estate, farm, freehold, goods, holdings, home, house, inheritance, land, means, ownership, plot, possessorship,… …   New thesaurus

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