Private property rights are crucial to economic prosperity. Without them, it becomes impossible to set up a system of free markets that allows for rational economic calculation. Despite this, property rights are under attack in today’s world by progressives seeking to build a more “just” society through equity.When property is originally appropriated, it belongs to its owner. The owner may use, transform, sell, or even not use his property at all, based solely on his own discretion. The owner of something has the most incentive to use his property responsibly. This might occur in the form of consuming a good with moderation or using a tool in the most efficient production process. The appropriation of property is a path towards wealth. In a free market system, one can acquire property,
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