Friday, April 15, 2005
I saw your post at Pandagon, and will leave my same comment to you here.
"In a democratic capitalist society, equal property rights are just as - if not more - important as voting rights to achieving other forms of change."
Hey... I agree with that!
Have you ever read "The Mystery of Capital" by Hernando de Soto? It has a lot to do with why property rights are essential to the success of global economies.
I saw your comment on Pandagon first, so this is a reply I left there:
I loved DeSoto's book and what is trying to do, but his ideas don't work in practice. In left-wing jurisdictions, like his native Peru, judges refuse to allow creditors to take the homes, and therefor creditors stop lending, and therefore the land can not become capital. In right-wing jurisdictions, the rich just figgure out how to use the government to screw the poor out of their new titles.
I prefer Henry George's land reform ideas.
By the way, you left the first ever comment on my blog! Thanks!
How sad... I'm an economics student, but I've learned very little about Henry George. My curiosity is peaked now, so I'll put him on my reading list.Post a Comment
First person to comment? Perhaps that's because the only "libertarians" who get lots of attention are the ones who are really conservatives. Haha! I think of myself as a left-leaning libertarian too. I'll add you to my blogroll.