Monday, May 16, 2005
Private property rights,
Capitalism recognizes private property rights. That includes privacy from unlawful government intrusion. Today many young people can't understand such a world; because in the past 30 or so years lawyers have trampled on private property rights. If a man buys land that is inhabited by a endangered species, then he is told by the government that he can not use his land for certain purposes. But you don't see such cases getting much coverage in the news media. Some people know of Rodney King and his mistreatment by police, but the same people could care less about a farmer in North Dakota having land he purchased taken from him by the government in the name of the "public good".