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Of Private, Common, and Public Property and the Rationale for Total Privatization

Keywords: libertarianism , public goods

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Abstract:

In this paper, first, I want to clarify the nature and function of private property. Second, I want to clarify the distinction between “common” goods and property and “public” goods and property, and explain the construction error inherent in the institution of public goods and property. Third, I want to explain the rationale and principle of privatization.

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