I would agree that the statement "property is theft" is self-contradictory 
and meaningless, in that all Rights are inherently property rights.
Mike Lorrey writes, quoting Hal:
 > > Actually, I think the resolution is that the slogan is short for
 > > "*private* property is theft", and it envisions the existence of public
 > > property.  Hence theft is perfectly possible, and private property is
 > > theft from the public.
 >
 > However, as my later comments state, if it is the public's chosen agent
 > (i.e. government) which sells/rents/leases that property to individuals,
 > it is not theft, since the public is getting freely exchanged value for
 > that property which it wishes to sell.
To be clear, I am not arguing that property is theft.  Rather, I am
arguing against the position advanced by Samantha and supported by Mike,
that the slogan is self-contradictory and meaningless.
Hal
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