Inclusion Economics
Differentiating the Two Types of Property: Making the Invisible Hand into a Beneficial Force
Personal Property
• Value is created or increased by the individual
• Requires maintenance to avoid or limit decay or wear and tear
• Ideas or products crafted from, with or within community property by hand, mind and or machine
• Requires creation and or modification by the individual in order to exist
•
Want your school to be the top-listed School/college in Philadelphia?
Click here to claim your Sponsored Listing.
Click here to claim your Sponsored Listing.
Category
Contact the school
Website
Address
413 S. 10th Street
Philadelphia, PA
19147
General information
Differentiating the Two Types of Property: Making the Invisible Hand into a Beneficial Force
Personal Property
• Value is created or increased by the individual
• Requires care to avoid or limit decay or wear and tear
• Ideas or products crafted from, with or within community property by hand, mind and or machine
• Requires creation and or modification by the individual in order to exist
• Wholly belongs to the individual to do with as that one decides
Examples: physical products, music, literature and copyrights
Community Property
• Value is created by the mere presence of the local community
• Does not degrade over time
• Existed before and exists after human interaction and use
• Consists of all natural forces, resources and opportunities
• Wholly belongs to the community, including the rent for its use
Examples: air, soil, water, location, fish and animal habitats, natural resources, natural pollution processing, EM spectrum, geo-synchronous satellite orbits
Personal Property
• Value is created or increased by the individual
• Requires care to avoid or limit decay or wear and tear
• Ideas or products crafted from, with or within community property by hand, mind and or machine
• Requires creation and or modification by the individual in order to exist
• Wholly belongs to the individual to do with as that one decides
Examples: physical products, music, literature and copyrights
Community Property
• Value is created by the mere presence of the local community
• Does not degrade over time
• Existed before and exists after human interaction and use
• Consists of all natural forces, resources and opportunities
• Wholly belongs to the community, including the rent for its use
Examples: air, soil, water, location, fish and animal habitats, natural resources, natural pollution processing, EM spectrum, geo-synchronous satellite orbits
