Libertarians Off The Deep End
R. Alex Whitlock
Tyler Cowen:
It's liability per se that isn't justified by libertarian standards. Under Lockean property rights theory, you own physical things, not the values of those things. It is for this reason that if you set up shop next to a competitor, you are not infringing his property rights, even if his business ends up being worth less. So let's say I steal your painting. Yes, you do deserve your painting back. It is yours. But say I steal your painting and lose it or wreck it. That should be the end of the story. You never owned the "value of that painting." You simply owned the physical painting. You are not due compensation. If you take my money as compensation for your loss, that is simply another theft.

So next time someone smashes in Tyler Cowen's window, let us remind him that he is due no compensation.

Have libertarians always been this eager to outlibertarianize everyone else? It's almost like with the advent of the blogosphere and the connections of libertarian cells nationwide therein, they have found their individuality encroached by too many people actually agreeing with them.
Posted to This Modern World
 
 

Observations

 
Kavey wrote:
I must admit, I've never heard of the Lockean property rights theory until just now. So I decided to look it up. As far as I can tell, this is a gross misrepresentation of what John Locke was talking about. Maybe I need more research to understand it, but from my basic overview, and several sites I've referenced, I don't understand the statement at all.
6/2/2006
 
RAW wrote:
It's an interpretation of libertarianism that I was not familiar with. However, the longer I spend in Blogland, the more wacky I find many libertarians to be... so this manages not to surprise me... even as it surprises me.
6/5/2006

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