GREAT QUESTION: WHAT IS A RIGHT, POSSESSION, INTEREST?
A right consists and can only consist in a community of insurers of that right, where that right consists of the criteria by which one can appeal to the insurers (jury, court, public, sherrif, militia, military) and make an insurance claim against another person or group.
A possession is a fact. That’s all it means. It does not convey whether that possession is free of appeal to insurers for restitution and punishment of an imposition of cost on the demonstrated interests of others.
A demonstrated interest consists of investing in obtaining full or partial or fragmentary control of something whether self, kin, material, common, informal institution or formal institution WITHOUT imposing costs upon the demonstrated interests of others.
Therefore property is the label we use for legitimately obtained demonstrated interests over which you have some degree of individual to group rights that we can use in appeal to an insurer to prevent the imposition of costs upon that interest by others, or claim restitution and punishment for any imposition upon it.
Possibly confusing is the original use of the term ‘interest’ meaning ‘ownership’ into ‘interesting’ meaning only a curiosity. In law, ‘interest’ means you have demonstrated some degree of demonstrated investment in the asset without imposing on those of others.
Reply addressees: @AKlibertyman @johnleask @mises @DA_Stockman