With real property rights, it would be impossible to obtain a compulsory purchase order.
Therefore, would road and rail companies not encounter problems when trying to build new routes if the property owners refused to sell their property? How could this problem be solved?
'' The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.'' Stephen Hawking
Pay more? Buy other people's property instead? How is this necessarily a problem?
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Well if the property owner owned 1000's of hectares and there was no way of building around it, and the owner refused to sell their land for any price. You would not be able to buy the any other persons land. This would make the new route impossible to build.
Also, would property owners not have the incetive to pretend they want the land more than they do and sell at inflated prices.
This is also a problem if boats or ships travel on bodies of water that don't belong to them. They would be tresspassing. Although I don't see this as really being a major problem, I thought I should highlight it.
Vladimir Ulyanov:Well if the property owner owned 1000's of hectares and there was no way of building around it, and the owner refused to sell their land for any price. You would not be able to buy the any other persons land. This would make the new route impossible to build.
Then the new route is impossible to build. So what? Are you saying that the road/rail-builder has a higher claim over the land than the land's actual owner?
Vladimir Ulyanov:Also, would property owners not have the incetive to pretend they want the land more than they do and sell at inflated prices.
Who says the prices are inflated?
Vladimir Ulyanov:This is also a problem if boats or ships travel on bodies of water that don't belong to them. They would be tresspassing. Although I don't see this as really being a major problem, I thought I should highlight it.
If a person owns a lake and doesn't want certain/any ships on it, that's his right - right?
I don't see how this is a problem. It's their land, they don't want to sell, a new route isn't made, so? Thing is, you're not going to design a route without acquiring the land first, so if they can't get the land that route won't even hit stage 0.25 yet (not saying someone won't make a presentation to see the possibilities, but you should have more than one. If you run a company and your whole project relies on buying someone's land, and nothing else. Well, sucks for you.)
I suppose your right.
I just thought it could become a major inconveniance, and most likely prevent growth in certain cases. However, I agree. The individuals property rights must be protected - even if it sucks for some people.
Remember, the free market is not a panacea. Anyone who thinks it will be all things to all people - whether necessarily or incidentally - is being foolish.
I agree. Look to the socialists for a utopian society. Haha.
Some socialists. Even your namesake apparently didn't think communism, let alone socialism, would be utopia.
REMEMBER: your property claim doesn't extend from the center of the earth to the stars in the sky. You can build tunnels ;)
Yeah, although he was somewhat of a lunatic, he seemed to be quite an intelligent and reasoned person. It's a pitty that he was so misguided. One of the few good things he did, though, was warn about Stalin. Too bad this message wasn't heeded, or as widely broadcast as it could have been.
Can you really?
By this reasoning one could mine under another individuals property. And if your claim doesn't extend to the bottom of the earth, how would you decide where it does? I suppose it would have to be decided by law. Right?
You have to look at homesteading. You gain property through homesteading, which in turn depends on first use. While I use the general structural integrity of the ground to build a house on (and hence have a right to not having my house collapse due to someone undermining it), said integrity may be preserved even with tunnels underneath the house. Notice that the Channel Tunnel and the metro system exist without us falling into the ground. Am I using the land which is underneath me? Not really. Hence, someone else can use it as long as they don't mess with my property.
As to how it's decided -people being reasonable and trial-and-error. I do not really think this would be a big problem.