“In economics, we know that you must control certain things in order to act. In ethics, we need to provide a justification for the fact that you hold resources in order to act. So, private property is the link between these two areas of theorizing.”
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- Hans Hermann-Hoppe
“Without such plans or ideas there would be no action”
– Murray Rothbard
There can only be three theories of self ownership (as stated by Rothbard) that justify mans actions. 1) The individual possesses full ownership over his own self, over his mind, over his will, and his actions. 2) A theory of universal or equal ownership by all acting members (i.e. communism). 3) or Ownership by a few, i.e. a ruling class.
Since, I do not believe I need go into this further I will continue this inquiry using the “full ownership” theory. I bring these other premises of ownership to your attention, since I want the reader to be aware of these once I discuss the concept of relative economizing and the idea based disconnect.
Property over self entails the direct property over the mind, which consists of a bundled set of ideas organized and categorized by another set of ideas. Each individual, at this time, has full property over the set of ideas both categorizing and categorized. This is due to the fact that scarcity can not be a concern in the formulation of individual ownership, only in the case of appropriated ownership outside of the person (this is due to the constraints of the self ownership theory we have decided to use)
What we come to now is the categorization and appropriation of property outside of the individual self. Rothbard writes (pg. 92 MES):
“He acquires scarce nature given factors by appropriating hitherto unused factors for his own use or by receiving them…from someone else. (3) He acquires capital goods or consumers’ goods either by mixing his own labor with nature given factors… (4) He may exchange any type of factor for any type of factor.”
We already know all of this; I’m just repeating it so that it will be fresh.
“Economic is by no means equivalent to material” - Murray Rothbard
The good (or “factor”) demanded by a consumer need not be a material object, in fact the only important quality is that it is valued as a means in order to satisfy wants. This means that any intangible entity that is demanded is, in fact, an economic good - and is then a factor in human action.
It is here that we come to the scarcity disconnect.
In paraphrasing Rothbard:
– The distinguishing feature of an [idea] is that, once learned, it generally does not have to be learned again. It can be noted and remembered. Remembered, it no longer has to be produced; it remains within the actor as an unlimited factor of production that never ears out or needs to be economized by human action (in relation to the specific actor). In this way, it becomes a general condition of human welfare in the same way as air. –
But what needs to be dealt with are the complications involved in the original learning of any idea by the actor, which is the object of human action (“or the process of economizing” - Carl Menger). This directly implies the scarcity of the idea related to the individual actor. This is similar, though not in direct equivalence, to Rothbard’s example (pg.173) of air as an economic good:
"For example, if some people want their air to be changed […] the “conditioned air” becomes a scarce good and is owned by its producers."
The scarcity disconnect within ideas is as such: There comes a point, in which an acting individual originates an idea that is unknown to anyone else. If (I am creating an assumption), there is a point in time whereby the idea becomes infinite in supply - meaning all individuals are (or freely can be) full owners of an idea - then, there is created a temporal disconnect in its relative scarcity.
I define “relative scarcity” as such: The position whereby an actor is in possession of an non-scarce resource (on the grounds of individual ownership) while another actor is in demand of that scarce resource.
This position of relative scarcity can only come about as a result of individual ownership, meaning the general condition of human welfare (namely the idea) is bound up in the individual. The idea can be shared, but if it is not - then the person in possession of the idea has access to the non-scarce resource while the other person does not, thus creating a “relative scarcity”.
Since, ideas are owned of a very individual level in all men - and given that there is indeed a relative scarcity factor in the interpersonal relations between economic actors. It is rational to accept ownership of ideas outside of the self by way of contract (i.e. copyright, NDA, EULA, inventors copyright, etc.)
Note: This post is a carrying over of a previous thread.