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Property

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**Concept of Property**:
– Definition of property as a system of rights over valuable things.
– Categorization of property into private, public, and collective forms.
– Tangible (real property) and intangible (intellectual property) distinctions.
– Property regimes mediating relationships between individuals, property, and the state.
– Property possession duties and moral obligations.

**Types of Property**:
– Real property (land and improvements) and personal property (physical possessions).
– Private property (owned by legal entities or individuals) and public property (state-owned).
– Intellectual property (exclusive rights over artistic creations and inventions).

**Property Rights and Justifications**:
– Origins and justifications of property rights through social convention, morality, or natural law.
– Positive law enforcement of property rights.
– Link between property rights, wealth creation, and resource allocation (Adam Smith’s perspective).
– Capitalist property laws encouraging development and wealth generation.
– Views on property ownership leading to inequality in some perspectives.

**Ownership Systems**:
– Different ownership systems like possession property, usufruct system, communism, and socialism.
– Advocacy against private ownership of capital in communism and socialism.
– Support for personal property acquired through labor in communism.
– Distinction between private and common ownership of means of production.

**Treatment of Intangible Property**:
– Intangible property distinction from tangible property due to expiration.
– Expired intellectual property becoming part of the public domain.
– Use of intangible property by multiple parties simultaneously.
– Absence of scarcity in intellectual property compared to tangible property.

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