Property rights are a central institutional feature of all politico-economic systems where markets play a major role, and a key item of political controversy between liberal and socialist positions. The role of property rights in matters ranging from interpersonal exchange and power to innovation and economic development is debated across several academic disciplines, including economics, history, law, philosophy, politics and sociology. The growing importance of intellectual and other intangible property in modern capitalism has further provoked important ongoing theoretical and policy discussions, part of which revolve around the very meaning of property as opposed to possession … (more)
First posted 2015-11-28 19:17:41
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