>> The great blessing of private property, then, is that people can benefit from their own industry and insulate themselves from the negative effects of others’ actions. It is like a set of invisible mirrors that surround individuals, households or firms, reflecting back on them the consequences of their acts. The industrious will reap the benefits of their industry, the frugal the consequences of their frugality; the improvident and the profligate likewise. They receive their due, which is to say they experience justice as a matter of routine. Private property institutionalizes justice. - Tom Bethell <<http://cafehayek.com/2012/10/quotation-of-the-day-427.htmlarrete
Private property institutionalizes justice.Precisely. But in so doing, it removes, or at least lessens, the need for a bureaucratic demagogue to mete out the 'justice' he thinks each person deserves. And that, I believe, explains why liberals hate private property so much.
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