Reflections on Property Rights

Reflections on Property Rights

The social security referendum in Uruguay reignited debates on the system’s sustainability and property rights. The proposal to eliminate AFAPs and transfer savings to the State raised economic uncertainty and philosophical concerns about the legitimacy of forced redistribution. From Locke to Nozick and Hayek, private property has been regarded as a pillar of individual freedom and progress. Policies that prioritize social justice over individual rights may have adverse effects on investment, employment, and the country’s legal stability. Continue reading Reflections on Property Rights

Redistribution, favored classes and selfishness

Redistribution, favored classes and selfishness

Misconceptions about politics and wealth lead to incorrect ideas about redistribution and property. It is mistakenly assumed that wealth has been unjustly distributed when, in reality, it is generated. Additionally, self-interest is not opposed to collaboration or collective well-being; in the long run, it can lead to greater rewards and efficiency. The State, in its role, should focus on protecting individual rights and ensuring an environment where individuals can thrive without unjustified interference. Continue reading Redistribution, favored classes and selfishness

Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

Entrepreneurship and capitalism often spark intense debates. While some see entrepreneurship as a path to personal and social development, others criticize it as a form of modern enslavement. This essay explores the role of the free market as a mechanism for wealth creation and well-being, debunking common misconceptions about capitalism. Using the concept of “high reward states,” it argues that economic freedom is essential for individual and collective prosperity, challenging criticisms of capitalism and excessive market regulation. Continue reading Entrepreneurship and Capitalist Culture – Myths and Truths – Part 1

What exactly is property?

What exactly is property?

This essay explores the nature of property from various philosophical, political, and economic perspectives, highlighting the historical debate between private and collective ownership. It argues that property is not a metaphysical connection between an object and a subject but rather the ability to dispose of a good for individual purposes. Additionally, it examines the justification of property in terms of survival, production, and voluntary agreements, emphasizing the role of the State in its defense. Concepts such as public property and resource distribution are questioned, concluding that property is an unavoidable condition of human life and that its elimination is essentially a transfer of rights rather than a true disappearance. Continue reading What exactly is property?