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As T.H. Green observed, a person who owns nothing in a capitalist society ‘might as well, in respect of the ethical purposes which the possession of property should serve, be denied rights of property altogether’ (Green 1941 , p. 219). Southridge in Mellieha is a luxurious development consisting of exclusive villas and apartments. This prestigious location offers unobstructed sea views and is surrounded by lush greenery. Southridge is close to some of Malta’s most beautiful beaches and is only a short drive away from Mellieha’s charming town centre. Bali offers a wide selection of property types which cater to all types of people.
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- These arguments are interesting, but it is worth noting how sensitive they are to the distribution of property (Waldron 1986, pp. 323–42).
Treatment of intangible property is such that an article of property is, by law or otherwise by traditional conceptualization, subject to expiration even when inheritable, which is a key distinction from tangible property. Upon expiration, the property, if of the intellectual category, becomes a part of public domain, to be used by but not owned by anybody, and possibly used by more than one party simultaneously due to the inapplicability of scarcity to intellectual property. Whereas things such as communications channels and pairs of electromagnetic spectrum bands and signal transmission power can only be used by a single party at a time, or a single party in a divisible context, if owned or used. Thus far or usually, those are not considered property, or at least not private property, even though the party bearing right of exclusive use may transfer that right to another. Libertarian Socialism generally accepts property rights with a short abandonment period. In other words, a person must make (more-or-less) continuous use of the item or else lose ownership rights.
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On the other hand, with the growing attention that is being paid in the discipline to public policy generally, it is difficult to deny that questions about property can be posed in terms that are abstract enough for philosophers to address. Though Rawls counsels us to talk about justice rather than property, in fact issues about property are inevitably implicated in some of the issues about justice that have preoccupied political philosophers in recent years. Certain property institutions may be better than others for justice. Some have argued that property rights in a market economy ought to be treated as resistant to redistribution and perhaps as insensitive to distributive justice generally except possibly at the moment of their initial allocation .