-Caveat Lector-

~~for educational purposes only~~

Yours and mine
by Walter Williams

TOM BETHELL, a visiting fellow at the Hoover
Institution and Washington correspondent for
"The American Spectator," has just penned an
excellent book titled ""The Noblest Triumph:
Property and Prosperity Through the Ages."

The book analyzes the history and principles
of private property, an institution held in
contempt by tyrants throughout history. In
pursuit of social objectives such as conservation,
environmentalism and income equality, Fifth
Amendment private property protections are
increasingly held in contempt by most Americans.

Bethell says that property plays a key role in
establishing justice in society and it is the
most peaceable of institutions: "In a society
of private property, goods must be either
voluntarily exchanged or laboriously created.
As long as such ownership is protected by the
state, goods cannot be easily taken by force."

That fact helps explain why private property is
held in such deep contempt by tyrants. They believe
they've been endowed with superior wisdom and they
have the right to use force of any kind to impose
that wisdom on the ordinary citizen. Part of that
"wisdom" is how what we produce shall be used.
The principles of private property stand in their
way.

The federal income tax is perhaps the most
egregious example of contempt for private
property rights. Every American is duty-bound to
pay his share of constitutionally mandated
functions of the federal government as
enumerated in Article I, Section 8 of our
Constitution. But those functions account for less
than one-third of Washington's spending. Most
spending represents taking what one citizen earns
and giving it to another citizen to whom it does not
belong -- e.g., farm subsidies, food stamps,
Social Security, Medicaid, Medicare and welfare.

Bethell reminds us of an observation made by
Frederic Bastiat, a 19th century French
philosopher-economist: A man who produces
while others dispose of his product is a slave.
That's the essence of slavery: one person forcibly
used to serve the purposes of others.

Incidentally, if I had to list one of my greatest
disappointments, it would be that black Americans
who suffered through brutal slavery are one of the
major supporters of America's modern slavery.

You say, "Hey, Williams, encroachments on private
property rights that you rail against are a result of a
democratic process in pursuit of the public good."
Nonsense!  U.S. Supreme Court Justice Robert H.
Jackson reminded us in West Virginia Board of
Education vs. Barnette (1943): "The very purpose of
the Bill of Rights was to withdraw certain subjects
from the vicissitudes of political controversy, to
place them beyond the reach of majorities and officials
and to establish them as legal principles to be applied
by the courts. One's right to life, liberty and property,
to free speech, a free press, freedom of worship
and assembly, and other fundamental rights may
not be submitted to vote; they depend on the
outcomes of no elections."

The classical-liberal concept of rights is
discomforting to the ruling elite. Why? It subtracts
power from those who rule and distributes it
among the common people. It demarcates zones
where the government must keep out. In 1991,
during Justice Clarence Thomas' confirmation
hearings, Sen. Joseph Biden, D-Del., waving a
copy of Takings, written by Richard Epstein,
University of Chicago law professor, fretted about
what would happen to Congress' ability to control
our lives if it had to heed the Fifth Amendment.

An important side benefit of private property is
that it lays the foundation for wealth creation and
higher standards of living for the ordinary citizen.
The world's richest countries are those having
greater private property protections.

"The Noblest Triumph" is serious but not
complicated reading; it should be a part of any
home library.

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