RE: OWNERSHIP: Toward a Social Credit "Labor Theory of Property"??

["Ed Dodson" <ejdodson@comcast.net>]

Ed Dodson responding...
Bill Ryan wrote:

JOHN MEDAILLE: ...there are only two theories of title to property in
land: that title is from labor or from violence.


BILL RYAN: Wait a minute, the Adam and Eve story is perfectly
applicable to the world that modern man emerged into
at the end of the last Ice Age--a world of plenty for
everyone.  One could merely stake out a farm in the
Nile or Tigris valleys, and begin farming it, without
taking anything from anybody.

So that makes a third theory, doesn't it?
-
Ed Dodson here:
Yes. I think is equates to what I responded a few moments ago to John as
rights from "discovery or first occupancy."

The one observation about the early settlements is that "rent" had not yet
arisen because there was ample land of equal potential productivity to
settle on and exploit. That happy situation eventually disappears; and, at
some point, the "freely accessible" land will no longer yield even
subsistence (given the knowledge level of the day and existing capital
goods).


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