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Exactly, Franky! Private property solves the situation, the commons was the problem.

 

Same here: "without any thought to the repercussions or the negative externalities imposed on others, we have a net sub-optimal situation."

You must respect the private property of others, and they must respect yours. No thought for repercussions is asking for trouble!

Private property rights is how conflicts are resolved. Respecting them avoids conflicts in the first place, aside from accidents or misunderstandings. Because of this focus, we anarcho-capitalists are often called propertarians. Lack of private property rights is the vital failure of anarcho-leftists of every stripe (-socialists, -communists, -syndicalists).

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