private property?

[Jim Devine]

[was: Re: [PEN-L:5724] RE: Re: RE: RE: Re: GOP vs Dem Behavior (e.g., voting) ]

At 12:46 PM 12/6/00 -0800, you wrote:
>Second, I believe, as an empirical matter, that a
>political-economic system that encourages and defends private property is
>more conducive to the achievement of individual human happiness than a
>system to the contrary, especially because the causes of human happiness are
>subjective and diverse.  Third, I believe, as an empirical matter, that a
>political-economic system that encourages and defends private property is
>more conducive to the achievement of the "good life" or the "best life", as
>I would define it, than a system to the contrary.

Do we really have "private" property under capitalism? it seems to me that 
there are a tremendous number of technical and pecuniary externalities, so 
that even if _ownership_ (and the appropriation of income from ownership) 
is private, the _impact_ is not.

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine