LAWS CREATE PROPERTY RIGHTS EVEN INDIRECTLY We often confuse ourselves that we c

LAWS CREATE PROPERTY RIGHTS EVEN INDIRECTLY

We often confuse ourselves that we create laws to produce the declared ends. But when we create laws we create a portfolio of property rights — from the prohibition of them under communism, to the centralization of them under socialism, to the lending of them under democratic socialism, to the individual ownership of them under libertarianism, to the abandonment of them under totalitarian thievery. As such land requires taxes, because any composition of the institution of property requires laws by which to exclude other compositions of property, and that we bear the cost of prohibiting those alternative compositions of property by the threat of violence. The government is a monopoly on violence for the purpose of creating the institution of property rights.