| John locke theory of property |
The labor theory of property, also called the labor theory of appropriation, labor theory of ownership, labor theory of entitlement, and principle of first appropriation, is a theory of natural law that holds that property originally comes about by the exertion of labor upon natural resources. |
| John locke theory of property rights |
John Locke ( []), on the other hand, was adamant that property could have been instituted in a state of nature without any special conventions or political decisions. |
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The labor theory of property, also called the labor theory of appropriation, labor theory of ownership, labor theory of entitlement, and principle of first appropriation, is a theory of natural law that holds that property originally comes about by the exertion of labor upon natural resources. |
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Locke’s labour theory of property has had a profound impact on classical liberal economics. |