Property
Property, in the abstract, is what belongs to or with something, whether as an attribute or as a component of said thing. In the context of this article, it is one or more components (rather than attributes), whether physical or incorporeal, of a person's estate; or so belonging to, as in being owned by, a person or jointly a group of people or a legal entity like a corporation or even a society. Depending on the nature of the property, an owner of property has the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it (as a durable, mean or factor, or whatever), or at the very least exclusively keep it.
Security
Security is freedom from, or resilience against, potential harm (or other unwanted coercive change) from external forces. Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, and any other entity or phenomenon vulnerable to unwanted change by its environment.
Security
Everywhere, when societies originate, we see the strongest, most warlike races seizing the exclusive government of the society. Everywhere we see these races seizing a monopoly on security within certain more or less extensive boundaries, depending on their number and strength.And, this monopoly being, by its very nature, extraordinarily profitable, everywhere we see the races invested with the monopoly on security devoting themselves to bitter struggles, in order to add to the extent of their market, the number of their forced consumers, and hence the amount of their gains.
War has been the necessary and inevitable consequence of the establishment of a monopoly on security.
Gustave de Molinari, tr. J. Huston McCulloch, §VI of The Production of Security (Auburn, AL: Ludwig von Mises Institute, 2009; orig. 1849), pp. 34–35.
Security
In the entire world, there is not a single establishment of the security industry that is not based on monopoly or on communism. … Political economy has disapproved equally of monopoly and communism in the various branches of human activity, wherever it has found them. Is it not then strange and unreasonable that it accepts them in the security industry?
Gustave de Molinari, tr. J. Huston McCulloch, §IV of The Production of Security (Auburn, AL: Ludwig von Mises Institute, 2009; orig. 1849), pp. 27–28.
Property
A man should also take heart that life is like a revolving wheel, and in the end he or his son or his son's son may be reduced to taking tzedaka. He should not think, therefore, "How shall I diminish my property in order to give to the poor." Instead, he should realize that his property is not his own, but only deposited with him in trust to do with as the Depositor (God) wishes.
Shlomo Ganzfried as translated by George Horowith in The Spirit of the Jewish Law (New York: 1953).
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