Probably one of the most important innovations in common law is adverse possession, the taking of property that is not in use for a set time. It is usually a ten year term in USA, and in Islam it is three years. I hear in Peru it is 24 hours!
Redistribution of property, especially unused property, is critical to wealth maintenance and creation. And the fact that property can be adversely possessed demonstrates that property is not a human right, but a statutory right.
Now, no state, no property? No, then convention comes into play, and the degree to which you produce for others is the degree to which the community will support your private property.
Sounds scary, doesn't it?
Add adverse possession to the list of cultural artifacts that show USA once attempted to be uniquely free.
Feel free to forward this by email to three of your friends.
Redistribution of property, especially unused property, is critical to wealth maintenance and creation. And the fact that property can be adversely possessed demonstrates that property is not a human right, but a statutory right.
Now, no state, no property? No, then convention comes into play, and the degree to which you produce for others is the degree to which the community will support your private property.
Sounds scary, doesn't it?
Add adverse possession to the list of cultural artifacts that show USA once attempted to be uniquely free.
Feel free to forward this by email to three of your friends.
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