Economics Quote by Thomas Hodgskin
“I look in a right of property - on the right of individuals, to have and to own, for their own separate and selfish use and enjoyments, the produce of their own industry, with power freely to dispose of the whole of that in the manner most agreeable to themselves, as essential to the welfare and even to the continued existence of society.”
About This Quote
Source Treatise: Property and Society, Thomas Hodgskin, 1845
He argues that private property and the right to use one’s own labor’s products are essential for individual welfare and societal survival.
In simple terms: Own what you produce; it benefits you and society.
Protect property rights.
Themes
Mood
Type
When to use this quote
- business ownership
- personal finance
- land ownership
- creative work
- community building
Key Concepts
Questions to Reflect On
- How do property rights affect social equity?
- When should community needs limit personal ownership?
May ignore inequality and collective needs.