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Adding content from first few classes

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Kevin Harrington 2025-10-11 17:08:28 -04:00
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ScopeSequencing.tex
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@ -150,40 +150,37 @@ Debt: The First 500 Years Page 327
\pagebreak \pagebreak
{\huge \textbf{What is Property?}} {\huge \textbf{What is Property?}}
Legal Definitions: \large Legal Definitions:
Usefruct - the right use use and receive the value from a piece of the physical world \begin{enumerate}
Destruction - the right to destroy a piece of the physical world \item Usefruct - the right use use and receive the value from a piece of the physical world
Exclusion - the right to exclude others \item Destruction - the right to destroy a piece of the physical world
Increase (rent) - the right to receive rents \item Exclusion - the right to exclude others
Philosophical definition: \item Increase (rent) - the right to receive rents
\end{enumerate}
Violence vouchers \large Philosophical definition: Violence vouchers
\large Holdings:
Holdings
Saying someone owns a piece of the world obscures what is actually going on. Ownership is not a relationship between a person and a piece of the world. It is a relationship between a person and all other persons. It is a relationship that consists of the following threat: should someone else act upon this piece of the world, violence will be brought against them in order to cause them to desist. Saying someone owns a piece of the world obscures what is actually going on. Ownership is not a relationship between a person and a piece of the world. It is a relationship between a person and all other persons. It is a relationship that consists of the following threat: should someone else act upon this piece of the world, violence will be brought against them in order to cause them to desist.
When a state (or state-like entity) establishes a system of private property, all it really does is hand out violence vouchers to people who we call owners. When a state (or state-like entity) establishes a system of private property, all it really does is hand out violence vouchers to people who we call owners.
Trading \large Trading:
People do not trade pieces of the world. They trade violence vouchers. People do not trade pieces of the world. They trade violence vouchers.
Rents \large Rents:
People do not rent property from other people. They trade their violence voucher over some piece of the world in exchange for the person they are renting from agreeing to waive their right to redeem their violence voucher over some other piece of the world for some period of time. People do not rent property from other people. They trade their violence voucher over some piece of the world in exchange for the person they are renting from agreeing to waive their right to redeem their violence voucher over some other piece of the world for some period of time.
A rent can thus be described as the acquisition of a violence voucher in exchange for temporarily waiving a right to redeem a violence voucher. A rent is when you leverage threats to redeem your violence vouchers in order to acquire violence vouchers from others without giving any violence vouchers in return. A rent can thus be described as the acquisition of a violence voucher in exchange for temporarily waiving a right to redeem a violence voucher. A rent is when you leverage threats to redeem your violence vouchers in order to acquire violence vouchers from others without giving any violence vouchers in return.
Rents cannot be justified on just deserts grounds because they involve the distribution of resources to those who merely leverage violence vouchers to capture an income
Rents cannot be justified on just processes grounds (i.e. on voluntarism grounds) because they are acquired solely through threats to redeem violence vouchers
Rents can not be justified on utilitarian grounds who argue that the payment of these rents creates a market in capital allocation. Rents fail because it must be the case that there is no better welfare-maximizing way to allocate capital, which is contradicted by Ostrom and governance of the commons.
Rents can not be justified on egalitarian grounds due to the obvious distribution inequality in the receipt of rents.
\pagebreak \pagebreak
\huge HOWTO Build a Housing Cooperative \huge HOWTO Build a Housing Cooperative