Ariadne's Thread on

On Property

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  Vera Speaking

Speaker Yeah, property is an extremely important issue. In our economic system, we allow individuals and groups of individuals to own not just small things like houses and cars but even the most important components of the economy like factories, mines, farms -- practically anything.

My point is that our system hands over control of those things to individuals. And those individuals are allowed to make decisions that have a huge impact on millions of other people without consulting them at all. A family may own a factory in a small town and decide to outsource the work to China. The people of the town have essentially nothing to say about it.

Does a system like that need a justification? I think so. And I'm not so sure there is one.

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