I’m trying to get my head around mortgages… It appears that the current western model of home “ownership” is based upon paying a continuous stream of our money to banks. How did we end up in this situation? Was it always like that? Does it make sense? If we lived in a minarchist state, how would peo…

If you trace land ownership back far enough then presumably the original owners staked claim to their land by force. I thought people on this forum were against the use of force.

yes, we are also against presuming someone doesnt own something because we can tell hypothetical stories about history and we are against redistributing property on such hyop-historical grounds without providing evidence of a superior ownership claim, (let alone that the current ownership claim is i…

why would you presume the original owners staked their claim by force? If you are the original owner, that means that nobody owned the land before you, there was nobody to forcefully take the land from.

What constitutes a legitimate claim of land ownership? I would argue that it is based around the principle of mixing labor into nature. This excludes natural forests and the like from ownership. What happens if someone lays claim to a natural forest (or other untouched land) and someone else wants …

A thought experiment about land… Imagine that a large group of people are placed on a small desert island, there is limited space. They know that they are going to be there for many years, and so will want to divide up the land so that each person or family can build houses. Clearly not everyone ha…

We can be against the expropriation of property in the present while forgiving such instances in the past.

So you’re quite happy to live under a system where poor people have to give a continuous stream of money to rich people by virtue of the fact that the rich people’s ancestors were violent thieves.

So you’re quite happy to live under a system where poor people have to give a continuous stream of money to rich people by virtue of the fact that the rich people’s ancestors were violent thieves. This kind of social order is not stable without the perpetuation of the power of the elite. Once th…

I’m now saying your wrong, but can you just explain the mechanism by which the poor will gradually get to own more land - or point me to an article.

Mortgages / land

Economics Economics Questions

Stranger March 8, 2010, 6:09pm 10

Fractional reserve banking.

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Mortgages / land

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