Contract v. Property (was: Private Property and Capitalism)
Robin Hanson (hanson@hss.caltech.edu)
Thu, 17 Oct 96 13:05:29 PDT
T0Morrow@aol.com writes:
>I wonder if this advocacy of contract entails a repudiation of property?
>... the more attractive contract appears as an alternative to property
>Or, rather, the more attractive it appears as a complementary way of
>framing economic relations. I sometimes think of contract as the wave
>side of something like a particle/wave duality.
You can have a contract without much property, and a contract can
agree to pretty much any arrangement imaginable, including ones
without any property. So contracts seem more general.
Robin D. Hanson hanson@hss.caltech.edu http://hss.caltech.edu/~hanson/