GilesStratton: Daniel J. Sanchez: The centralization of ownership characteristic of feudalism is only sustainable with primogeniture, entail, and mortmain laws which are inherently antithetical to Lockean property rights, which are held by the individual and the living: not by the collective and the dead. Wonderful, now, prove it. Juan seems to be unable to do so, perhaps you might?
Daniel J. Sanchez: The centralization of ownership characteristic of feudalism is only sustainable with primogeniture, entail, and mortmain laws which are inherently antithetical to Lockean property rights, which are held by the individual and the living: not by the collective and the dead.
The centralization of ownership characteristic of feudalism is only sustainable with primogeniture, entail, and mortmain laws which are inherently antithetical to Lockean property rights, which are held by the individual and the living: not by the collective and the dead.
Wonderful, now, prove it. Juan seems to be unable to do so, perhaps you might?
People almost always split their legacies among their children unless the state prevents them from doing so. This is true even when the success of a monarchical dynasty depends on doing otherwise, like with the French Merovingian and Carolingian dynasties. Over generations this tendency necessarily breaks up large estates.
Austrian Theory of the Business Cycle in 9 steps (Soliciting comments)
Daniel J. Sanchez:People almost always split their legacies among their children unless the state prevents them from doing so. This is true even when the success of a monarchical dynasty depends on doing otherwise, like with the French Merovingian and Carolingian dynasties. Over generations this tendency necessarily breaks up large estates.
This has nothing to do with estates, this is a business enterprise. Unless you think malls will fail for the same reason?
"You don't need a weatherman to know which way the wind blows"
Bob Dylan