LEGL 2700 Lecture Notes - Lecture 2: Patent Infringement, Patent Troll, Patentable Subject Matter
21 Aug 2016
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Property is the legal right to exclude others from resources that are originally possessed or are acquired without force, theft, or fraud: right to exclude , resources , originally possessed , without force, theft or fraud . Real property: land and interests in land. Personal property: moveable resources: tangible property, intangible property. If the goal of a society is to produce more of what people need and want a property system produces more for a society than a state planning system. And if freedom" is measured as individual autonomy and the absence of state coercion, then a property system also makes people more free . Critiques of a private property system failure to account for inherent inequalities consolidation of capital over time. Life estate- piece of property is yours to own and use for the duration of your life, cannot sell. When you die, the rights go to someone else.
