It’s typical of the left to argue that all property rights are somehow tainted by past injustices and therefore that government can redistribute to whatever groups wield sufficient political power to demand a share of the spoils. Of course, that is a non sequitur; past injustices do not justify new ones, against people who did not commit the original wrong. It’s true that, as Twain said, there’s not a foot of land that has not been stolen and restolen countless times. But isn’t this good reason to stop stealing what belongs to people? Instead of institutionalizing as social policy into the indefinite future a system that deprives people of their earnings, their belongings, and their substance, to serve priorities that others consider more important? The American Indian suffered terrible abuses, and stands today as an object lesson in what happens when government is given too much power to seize and redistribute property. Yet Yglesias praises that state of affairs and urges its repetition! That really is outrageous.UPDATE: Thanks for the link, Pseudo-Polymath! Yes indeedy, two wrongs don't make a right, but two Wrights do make an airplane!
Friday, September 21, 2012
On Property Rights: Two Wrongs Don't Make A Right
Via Samizdata on property rights with my emphasis in bold: